Your Virtual Credit Manager

FEBRUARY 13, 2024

After, the Great Recession of 2008, commercial bankruptcies peaked in 2009 and did not drop below pre-recession levels until 2012. Department of Justice projects a substantial increase in bankruptcy filings. Trustee Program has estimated that bankruptcy filings will double over the next three years.

Bankruptcy 130

Bankruptcy Credit and Collections Bad Debt Accounts Receivable (AR) 130

Your Virtual Credit Manager

MARCH 21, 2023

Any enterprise extending credit to another business needs to have real treasury expertise. The role of credit should not be focused on preventing bad debt losses, but rather maximizing profits. Likewise, being heavily concentrated in a single industry is another good reason for working with a credit insurer.

Accounts Receivable (AR) 130

Accounts Receivable (AR) Bankruptcy Bad Debt Credit and Collections 130

Lendio

DECEMBER 13, 2022

Discount retail is the only industry to appear twice on the list of the top 10 S&P 500 stock performances from 2008 , a.k.a., During the 2008 recession, Walmart’s stock grew 20% and Dollar General’s increased 60%. It’s not just stock prices either—in 2008, Dollar General’s sales increased 9%. Bankruptcy Lawyers.

Credit and Collections 52

Credit and Collections Bankruptcy Small Businesses 52

Due

APRIL 1, 2023

People tend to view recessions as years-long struggles, probably because of the collective shock that was the 2008 financial crisis. A recession is any significant decline in economic activity that lasts for a few months. Not to mention, the decade-long Great Depression left thousands homeless and destitute.

Bankruptcy 90

Bankruptcy Credit and Collections Small Businesses 90

Due

DECEMBER 15, 2022

Rule Number Two: Never Forget Rule Number One” As a result of the financial crisis of 2008, Warren Buffett lost about $23 billion personally, and his company, Berkshire Hathaway, lost its AAA credit rating. But I want to flip the script and share with you the six mistakes that collectively cost me $4.2 Penny Stock Mishap.

Brokerages 59

Brokerages Bankruptcy Investment Firms Credit and Collections 59

Fundera

APRIL 15, 2020

Founded in 2008, Kabbage was among the first wave of online lenders. Since then, they’ve become one of the most reputable online lending platforms, and a go-to source for business owners seeking revolving lines of credit. Line of credit. – 500 personal credit score. Rates for Kabbage’s line of credit vary from 1.5%

Credit Scoring 52

Credit Scoring Credit and Collections Nonprofit Organizations Brokerages 52

Fundera

OCTOBER 20, 2019

Get a handle on your personal and business credit scores. We’ll break down need-to-know accounting terms, how to handle your credit scores, how to apply for a business loan, and more—so that you’ll have all the information you need to manage your small business finances. Get a Business Credit Card.

Small Businesses 101

Small Businesses Credit Scoring Credit and Collections Default 101