In today’s credit environment, recovery is no longer about persistence alone. It is about precision. Credit managers across Canada are facing longer payment cycles, increased financial pressure across industries, and greater scrutiny around customer relationships. When accounts move beyond internal collection efforts, the expectation is clear: results.

In today’s economy, the phrase Revisiting Credit Terms takes on added weight. With slower growth, vulnerable sectors, and tighter credit flows across Canada, it’s smart to review—yet risky to change—your payment schedules, credit limits and terms without disrupting long standing customer relationships. In this article, we’ll walk through when you should tighten terms, how to do so respectfully, and how to maintain the balance between risk‐management and relationship‐preservation.