Over the past decades, Chinese companies have been beleaguered with mountains of overdue accounts and bad debts. They suffer from capital shortfall and non-payments caused by their customers, so in most cases they have to delay paying their suppliers. The vicious cycle goes on, impairing relationships between buyers and sellers and jeopardizing the market order.
Credit management practice is still absent in most of the Chinese companies, even those who have wide clientele bases. Some business managers begin to realize the absence in their increasing transactions made by credits as required by today’s buyer market. Numerous cases suggest the inadequacy in the control of credit risks and application of customer credit information resource severely holds companies back from development in the new market environment. Therefore, Chinese companies must be ready to embrace new management expertise and adapt to the credit economy. The task of establishing a scientific credit risk management system and remolding business administration is of great significance.
Better credit management training is in urgent need in China for the minimum training being offered is generally very simple in content and narrow in scope. To reverse the situation, Huayu Credit has developed an applicable and appropriate training system for Chinese enterprises. Huayu Credit puts credit management expertise and cases accumulated over the past decade into the system.

             The training consists of two parts: Internal training and public courses.