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Get Ready for a Wave of Commercial Bankruptcies

Your Virtual Credit Manager

Historically, business failures increase after a recession. 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. it just might help them pay you sooner!

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Seven Observations from Silicon Valley Bank's Failure

Your Virtual Credit Manager

Please feel free to share this newsletter with your small business customers. This ties into all the Covid startups and the lack of bankruptcies while stimulus funds were available. Commercial bankruptcies have only started to slowly tick up the past six months after 18 months of record lows.

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The Ultimate Guide to Managing Small Business Finances

Fundera

How to Manage Small Business Finances in 5 Comprehensive Steps. Choose a business bank account and separate your personal and business finances. Organize your business finances by using accounting software and hiring a professional. Understand and fulfill your business tax responsibilities.

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The Ultimate Guide to Managing Small Business Finances

Fundera

Some small business owners are already financial experts: they have MBAs, experience in the private sector, and strong literacy in all things related to managing small business finances. If managing finances for a small business has you feeling completely overwhelmed, take a look at this comprehensive primer.

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The Ultimate Guide to Managing Small Business Finances

Fundera

Some small business owners are already financial experts: they have MBAs, experience in the private sector, and strong literacy in all things related to managing small business finances. If managing finances for a small business has you feeling completely overwhelmed, take a look at this comprehensive primer.

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Starting a Business in a Recession: What You Should Know

Due

People tend to view recessions as years-long struggles, probably because of the collective shock that was the 2008 financial crisis. A market once dominated by fortified players now has gaps for a small but mighty startup to make waves. Social media marketing is also an excellent hub for small businesses.

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Alternative Lending 101

Fundera

Just 10 years ago, the phrase “alternative lending” wouldn’t have meant too much to small business owners. But now, alternative lending is an important part of the business financing industry. Without alternative lending, there would be less business financing to go around. But what is alternative lending? That change?