Fundera

SEPTEMBER 18, 2018

But you might be surprised at some of the lesser-known factors that could affect your score and how they might affect you as a small business owner. Why This Matters for Small Business Owners. But you may wonder how this specifically affects small business owners, and that’s a fair question.

Credit Scoring 93

Credit Scoring Small Businesses Credit and Collections Collector 93

Fundera

NOVEMBER 17, 2018

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.

Small Businesses 75

Small Businesses Credit Scoring Credit and Collections Default 75

Fundera

NOVEMBER 17, 2018

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.

Small Businesses 75

Small Businesses Credit Scoring Credit and Collections Default 75

Your Virtual Credit Manager

MARCH 21, 2023

Please feel free to share this newsletter with your small business customers. Despite the huge number of small business closures during the first half of 2021, almost all without recourse to the bankruptcy courts, there are now about 3 million more small and medium businesses (SMBs) in the US than there were at the end of 2020.

Accounts Receivable (AR) 130

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

Chaser

MAY 14, 2024

The Code was established in 2008 and has undergone several revisions since then, including the most recently updated standards in April 2024. The Prompt Payment Code protects organisations and their suppliers by establishing regulatory standards for payment.

Small Businesses 59

Small Businesses 59

Fundera

JULY 24, 2017

Despite Fundera’s best efforts to demystify the world of small business lending, the industry can still be a complex and confusing realm. With so many nuances and uncertainties, it’s that much more important for small business owners to be familiar with the financial health of their businesses. Main Takeaways.

Small Businesses 69

Small Businesses Credit Scoring 69

RMAi Blog

MAY 15, 2023

Continental Illinois 1984 First Republic Bank Corporation 1988 Washington Mutual 2008 Silicon Valley Bank 2023 Signature Bank 2023 First Republic Bank 2023 Silicon Valley Bank had been ranked as the nation’s 16th largest bank prior to its abrupt closure. Below is a list of large bank failures from the last 30 or so years.

Small Businesses 130

Small Businesses Transactions 130

tillful

APRIL 7, 2023

With that, let’s dive into the ins and outs of what may have happened that caused the collapse of Silicon Valley Bank (SVB), the risks of a bank run, and how to choose the safest banking strategy for your small business. ? What Ken says small business owners should focus on What is a bank run? Check those out here.

Small Businesses 52

Small Businesses Credit Unions 52

Your Virtual Credit Manager

FEBRUARY 13, 2024

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. Please feel free to share this newsletter with your small business customers. it just might help them pay you sooner!

Bankruptcy 130

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

Fundera

JANUARY 6, 2017

This post isn’t about the different options for online accounting software ; I’m going to talk to you about why choosing to do online bookkeeping is the best option for any small business. At my bookkeeping company, Kildal Services LLC , we’ve been doing remote or online bookkeeping since the fall of 2008.

Small Businesses 101

Small Businesses 101

Fundera

SEPTEMBER 29, 2016

That’s according to Leslie Farrell, the former owner of Feral Films , an independent documentary production company that like countless other small businesses throughout history had to shut its doors—mostly due to forces outside of their control. I started Feral Films in 1999, and it was always a small company.

Small Businesses 86

Small Businesses Transactions 86

Due

OCTOBER 20, 2023

Since the 2008 financial crisis, most small businesses and individuals looking to launch their startups have had limited options in securing funding. What was once considered an economic anchor of the United States, small businesses now account for less than 50 percent of the GDP.

Small Businesses 52

Small Businesses Credit Scoring Credit Risk 52

Fundera

JUNE 23, 2017

There’s never been a more exciting time to be a small business owner in America. There are more than 28 million small businesses, entrepreneurship is seen as a viable career path, and individuals looking to start up a company have access to a ton of resources. . of small businesses using these two structures.

Small Businesses 79

Small Businesses 79

Fundera

NOVEMBER 16, 2018

The 8 Best Free POS Software for Small Business. As a small business owner, you’re always looking to save a buck wherever you can. For small business owners with limited transactions or products, free POS software can satisfy most of your needs. The 8 Best Free POS Software for Small Business.

Small Businesses 55

Small Businesses Credit Card Payments Transactions 55

Fundera

MARCH 7, 2018

If you’re a longstanding customer of Regions Bank, for example, you might be considering the pros and cons of the Regions small business loan as a funding option for your business. The vast majority of Regions small business loan options are found through loan programs offered through the U.S.

Small Businesses 52

Small Businesses Credit Scoring 52

Your Virtual Credit Manager

AUGUST 27, 2024

Whether it’s fair to blame climate change or not, heightened awareness of natural disasters has amplified fears about supply chain disruptions—fears also exacerbated by the Covid-19 pandemic and the near collapse of the financial system in 2008. it just might help them collect faster and pay you sooner.

Accounts Receivable (AR) 100

Accounts Receivable (AR) Default Credit and Collections Cybersecurity 100

Abrigo

JULY 20, 2024

2004-2008: 82.6% Supporting the frequent engagement and monitoring activities that are part of business lending is easier when a bank or credit union can automate many steps in lending and credit risk management processes. 2010-2023: 137.3% trillion, Pruis said. trillion “wave” appeared first on Abrigo.

Credit Unions 78

Credit Unions Credit Risk Small Businesses 78

Due

APRIL 14, 2023

During the 2007-2008 financial crisis, Bair regularly appeared in the media, calmly assuring Americans that their bank accounts were secure. It is common for today’s kids to invest money, start small businesses, and earn interest on their savings. Technology that makes finance cool.

Small Businesses 145

Small Businesses 145

Fundera

JANUARY 21, 2016

It’s Big Business. Kaden Dean, who opened her company eight years ago, is among the many small business owners who make up the nearly $60 billion wedding services industry in the U.S. When Vera Wang moved into a larger retail space in 2008, Kaden Dean saw a great opportunity to launch her own wedding planning business.

Small Businesses 75

Small Businesses 75

Credibly

JUNE 16, 2023

For the first time since the coronavirus pandemic began, small businesses in 2022 reported rising revenues and increased employment over the previous 12 months. That’s according to the Federal Reserve’s 2023 Small Business Credit Survey. The findings include only small businesses that are employers.

Small Businesses 40

Small Businesses Credit Scoring Transactions 40

Fundera

JUNE 22, 2016

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?

Credit Scoring 76

Credit Scoring Small Businesses Default Transactions 76

Fundera

FEBRUARY 18, 2016

Here’s something that most new entrepreneurs learn very early: even the best business idea can’t fully blossom if there isn’t enough capital to support it. A healthy business needs growth—and growth takes money. In many cases, small business owners opt for a loan. Real Property. Real Property.

Default 75

Default Credit Scoring Small Businesses 75

Fundera

FEBRUARY 26, 2016

A daunting report by Democratic staffers of the Senate Small Business & Entrepreneurship Committee reveals what many of us feared to be true: women business owners are struggling to have access to the same opportunities as male entrepreneurs, especially when it comes to credit.

Small Businesses 76

Small Businesses 76

Fundera

JANUARY 7, 2016

There’s a reason why the old phrase “you have to spend money to make money” is so prevalent—because access to capital is the lifeblood of any business, and small businesses in particular. No two situations are exactly alike, so every business owner has to answer this question for herself.

Credit Scoring 76

Credit Scoring Small Businesses Default Transactions 76

Abrigo

FEBRUARY 2, 2015

The banking industry has seen a steady stream of media attention since 2008, much of it in the form of stories about data breaches linked to major retailers or mega banks’ profits.

Small Businesses 76

Small Businesses 76

Chaser

NOVEMBER 14, 2022

Economists are worried about the future of small businesses in the United States because growth has slowed, and inflation is going up.

Small Businesses 52

Small Businesses 52

Fundera

OCTOBER 9, 2018

A lot can happen in a decade, and most businesses don’t even make it that far. Indeed, half of small businesses fail by their fifth anniversary. We sought to find out whether certain types of businesses are more likely to stand the test of time, and the answer is yes. Don’t just imagine bulldozers and hard hats.

Brokerages 107

Brokerages Nonprofit Organizations Cash Forecasting Small Businesses 107

Lendio

JANUARY 18, 2023

This drop means some increased breathing room in household budgets and small-business bottom lines alike— though the lingering effects of 2022’s inflation is still tightening pockets. In 2008, when gas prices reached a then-record $4.14/gallon In 2008, when gas prices reached a then-record $4.14/gallon

Small Businesses 52

Small Businesses 52

Due

FEBRUARY 25, 2025

Lower birth rates, demographic shifts, job shortages, and the continued fallout from the 2008 recession and COVID-19 pandemic have changed when and how people retire. SEP-IRA Self-employed people and small business owners should look into a SEP-IRA, allowing higher contributions than other IRAs.

Deductions 52

Deductions Credit and Collections Small Businesses 52

Abrigo

AUGUST 6, 2015

As noted by a University of Chicago Booth School research paper and Harvard Business Review , the debate centers on the use of fair value accounting and its impact on the economic crash of 2008, as well as its appropriateness in accounting for companies going forward.

Transactions 74

Transactions Small Businesses 74

Due

APRIL 4, 2024

The gig economy has opened numerous opportunities for small businesses to collaborate, innovate, scale, and stay competitive in a fast-paced global marketplace. Small companies can turn global from “day one.” Airbnb, the world’s largest property rental app, was founded in 2008 and launched in 2009.

Small Businesses 105

Small Businesses 105

Fundera

OCTOBER 13, 2015

I didn’t see it coming at all,” he told Forbes in 2008. The company received financing from family, friends, and a SBA small business loan. Since then, the vineyard prices have only gone up, especially in regions like Napa Valley where land is scarce. It’s not that romantic story of owning a vineyard,” says Gilat.

Small Businesses 108

Small Businesses 108

Fundera

JANUARY 8, 2016

By building applications to increase internal efficiency, Brio Solutions brings cloud-based solutions to life for hundreds of small businesses. What Rose did for larger companies simply wasn’t available to small- and medium-sized businesses. In 2008, they decided to jump in full-time. Learning from Early Mistakes.

Small Businesses 76

Small Businesses 76

Abrigo

JULY 20, 2021

With the Paycheck Protection Program (PPP) lending window closing, why would banks and credit unions want to increase participation in Small Business Administration (SBA) loan programs? B y marketing that your financial institution offers SBA loan origination, you provide additional products that expand opportunities to businesses.

Credit Unions 78

Credit Unions Credit Risk Credit and Collections Small Businesses 78

Abrigo

JULY 20, 2021

With the Paycheck Protection Program (PPP) lending window closing, why would banks and credit unions want to increase participation in Small Business Administration (SBA) loan programs? B y marketing that your financial institution offers SBA loans, you provide additional products that expand opportunities to businesses.

Credit Unions 78

Credit Unions Credit Risk Credit and Collections Small Businesses 78

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 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.

Bankruptcy 90

Bankruptcy Credit and Collections Small Businesses 90

Abrigo

AUGUST 30, 2022

Participation loans were given a bad name after the financial crisis of 2008, but with the proper due diligence, banks and credit unions can leverage them to help grow their loan portfolios, Newberry said. Member Business Lending. Small Business Lending. Dodd/Frank-CFPB Small Business Lending Data Collection Rule.

Credit Unions 78

Credit Unions Credit Risk Credit and Collections Small Businesses 78