If your records are in order, it's easier to see when someone's good or bad at paying you back. Look for traits like honesty, integrity, spending habits and reputation. Check the customer's records and financial statements to measure if he or she can pay the bills. Check the customer's assets and liabilities. Consider factors like market conditions and business cycles.
Bad things do happen to good people.
Not everything is like it may appear on a credit report. This article provided by Bank of America. Bank of America is the largest small business lender in the country with a network of banks nationwide.