Extending credit can be risky. Is your Canna-biz extending properly?
Extending credit in the cannabis industry has some risk, but with that risk comes tremendous upside. Is your canna-business extending credit properly?
The cannabis industry is evolving. It is becoming a globally normalized industry. It has moved well beyond the shadiness and sketchiness of no paper trails and cash in hand deals. With Cannabis becoming a normalized industry, normal business practices should follow. Extending credit is a common practice amongst wholesalers in other industries.
Extending credit certainly helps their businesses to grow and flourish.
Extending credit can be risky. However, there are ways to help mitigate this risk. CannaBIZ Collects always recommends securing a personal guarantee or collateral. Its always a great idea. Hitting the target is easier than you might think. Call us to find out more.
Cannabiz Collects. The nations leading cannabis collection agency.
Contact us to find out more. (720) 724-7810