Setting up a program to extend credit to your customers has many pitfalls.
- Which laws or regulations are you required to comply with?
- How do you price the credit you are planning to extend?
- Do the charges comply with applicable interest rate laws?
- What am I risking in doing it one way or another?
- How technical or simple do my documents have to be to be enforceable.
Attorney Tom Reilly has encountered these issues in his practice and can assist you in developing the best program for you and your business.