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Is Granting Credit Terms Worth the Risk?

Your Virtual Credit Manager

Imagine a world where extending trade credit was completely risk-free, and granting open terms of sale to business customers required no second thought. In such an ideal scenario, every customer would have both the ability and the integrity to pay their bills in full and on time, eliminating any need for a credit management.

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RMAI Update March 2023

RMAi Blog

This is a very expansive definition which would include medical debt charged on a credit card, including a bottle of Tylenol purchased from a grocery store. RMAI is strongly opposed to this bill and is working with our Colorado lobbyist and other industry trade associations to get an exemption for credit card debt.

Collector 100
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Here’s what you need to know about marketplace lending vs. direct lending

Credibly

The future of lending When the 2008 Great Recession brought economic decline, traditional banks began to tighten lending restrictions. Marketplace lending, also referred to as platform lending, rose to prominence after the 2008 recession when both the need for financing and frustration with the lack of access to that financing grew.