I need help creating a credit policy for a small pop up store selling calendars.

My task is as follows:

Your task is to do a Credit Policy for your new Amazing Dayz business. You can use the template or do your own.

Follow the hints in the template in light blue colour to guide you on what to include.

Make whatever assumptions and decisions you consider appropriate as this is your policy. Keep in mind the needs of the target customers with this policy (i.e. Big corporates and government authorities).

Here is the credit policy template:

Credit Policy This policy details the process for consideration and approval of the provision of credit to customers. Amazing Dayz Calendars Criteria for credit - Who approves the credit request - Consumer or business - Minimum purchase size - Minimum customer history with company Do you require a clear credit report orjust business references - Is there an application form to complete Terms of credit - What is the credit limit - Maximum term for payment Discounts for early repayment Penalties for late payment - Are there any late payment fees to be charged - Does future credit cease with any late payment