Job Details

Duties and Responsibilities:

• Processes credit applications including checking of references, pulling credit bureau reports, trade reports and verifying trade styles, submit information to General Credit Manager for establishing line of credit.
• Establish account in the accounts receivable system and notifies sales (equipment, parts and service) that charge account has been established (or that credit has been denied).
• Prepares and mails new account letters; sets up and maintains credit files.
• Maintains credit application tracking files for new and updated applications. Sends status report thru excel spreadsheet to VP-Finance at end of each month.
• Applies the company's credit and collection policies, practices and procedures to the credit requirements of a designated number of accounts within specified dollar limits or normal credit lines.
• Extends credit to customers in accordance with established policies and terms.
• Discusses with General Credit Manager, when necessary, questionable or special applications for credit
• Carries out the established program for the follow-up and collection of accounts receivable.
• Checks monthly balances of customers under his/her control; when records indicate that customers may be exceeding safe limits, takes appropriate steps to prevent past due accounts.
• Follows up on insurance certificates on all rental machines.
• Maintains insurance certificate files for all rental transactions and follows for renewal certificates upon expiration.
• Maintains tax exemption certificates and codes exempt accounts in the accounts receivable system
• Maintains Rental Master Lease Agreements and notes accounts that are under a master agreement in accounts receivable system.
• Processes and mails security agreements to the indicated financing source.
• Ensures the proper and timely filing of UCC's
• Ensures that proper insurance certificates covering the collateral financed are obtained and forwarded to the finance company.Sets up security agreement files; mails contract copies and transmittal letters to customers.
• Performs records searches when necessary; files UCC terminations.
• Submits finance requests to appropriate lender.
• Prepares contracts for equipment purchases and follows through with successful signing of contracts.
• Follows up on all necessary contract requirements for various lenders including but not limited to UCC filings, contract corrections, and equipment insurance certificates to meet the requirements of specified lenders
• Maintains working relationships with operating personnel of other departments, primarily for the purpose of giving and obtaining information and working jointly on customer problems.
• Initiates contacts and maintains close, harmonious relationships with customers and outside interests; Follows standard operating procedures, concerned primarily with obtaining and furnishing credit information.
• Special projects as assigned by the General Credit Manager