Default in Small Businesses: Learn ways to identify whether the customer is a good payer

[muskanislam25]

SMEs still rely on trust in granting loans and understand that credit inquiries are expensive against default in small businesses .

Small, medium and large companies suffer all year long due to non-payment of debts that customers have incurred throughout the period. This is especially true at the end of the year, when excessive consumption increases considerably, given promotions such as Black Friday, Christmas and New Year's Eve celebrations, contributing to the increase in defaults in Small Businesses, which often lead to irreparable crises for Micro and Small Entrepreneurs.

It turns out that when default rates in small businesses increase because customers stop paying for purchases they made during the festivities, the entrepreneur, who was counting on the amounts to be received, stops paying taxes, fees, rent, electricity bills, stock replenishment, among others.

And of course there are several ways to protect small businesses from defaulting , ensuring that sales are made in a safer way or in a way that the store owner reduces losses and closes the month with a positive balance and without financial difficulties. One of them is to search for the customer's CPF to find out if they have any outstanding debts and financial restrictions or protests at the state level.

The increase in defaults in small businesses after the turn of the year
With the receipt of the 13th salary, consumers tend to make Israel telegram data more purchases and heat up negotiations, boosting the country's economy and consequently leading to the growth of SMEs. However, with the turn of the year, defaults in small businesses tend to increase due to the payment of IPTU, IPVA, DPVAT, school supplies and enrollment for the new school year, becoming a real nightmare for the entrepreneur.

As a result, certain debts end up being left aside and considered less important in the eyes of the Brazilian population, leading to an increase in defaults in small businesses and high losses in the accounts of micro and small business owners.

With this in mind, administrators can and should take precautions when selling their products on credit, trusting the word of a long-time customer, a friend or a customer who always pays on time. However, it is not always possible to use trust as a decision factor when granting credit and thinking about selling more. Entrepreneurs can use CPF consultation solutions in a simple and quick way, preventing their company from suffering from the increase in defaults in small businesses , which always occurs at the beginning of the year.

Default in Small Businesses: Methods to be used in order to avoid the famous “default”
With the advancement of technology, with just a few clicks it is possible to search for a customer's CPF or name and find out if they are a good payer or if they are the kind of customer who will have a headache paying off the purchases they made in the store, avoiding the occurrence of default in small businesses .

However, it is clear that defaulting on payments in small businesses generates great losses, since small entrepreneurs do not have large funds to cover high-cost research for each customer who tries to buy from their store.

An alternative to protect against default in small businesses is to carry out a Basic CPF Consultation, provided by Think Data , acting as an Authorized Serasa Experian Distributor .

The Basic CPF Inquiry has an extremely low cost, when compared to the defaults in small companies , generated by the granting of credit in the dark. In this search, it is possible to have information such as basic registration data, pending and financial restrictions, overdue debts, protests at the State level, information on returned and bounced checks.

Think Data has a wide range of consultations so that companies can assess the profile of individuals and legal entities throughout the country, adapting to the size of each business, making it possible to avoid defaults in small companies , as well as high-value negotiations .

Discover the solutions that make it possible to avoid default in small businesses
By providing a certain service or product to the customer and trusting the customer's word, the entrepreneur puts his company at extreme risk and, with the increase in default in small companies , this can inevitably lead to bankruptcy and, as a domino effect, there is a risk that the entrepreneur will become a bad payer.

It is also possible to make a note (negative listing) of defaulting customers, making debtors prioritize regularizing their default in small companies , since they receive prior communication, indicating the negative listing in case of non-regularization within the indicated period.