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How Are Your Customers Doing?

Your Virtual Credit Manager

The tighter your margins, the more conservative you need to be, especially when interest rates and inflation are issues. There is no good reason to sell to risky accounts on open terms when you can replace those sales by selling low-risk accounts. Another factor in your credit policy is your production capacity.

Bad Debt 130
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Seven Observations from Silicon Valley Bank's Failure

Your Virtual Credit Manager

Subscribe now Lessons to Be Learned Looked at from the perspective of somebody responsible for the management of a portfolio of accounts receivable (AR), the events surrounding the SVB collapse present a cautionary tale. The fact is, investors are ready to jump out of the market at the first sign of any type of trouble.

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Get Ready for a Wave of Commercial Bankruptcies

Your Virtual Credit Manager

After, the Great Recession of 2008, commercial bankruptcies peaked in 2009 and did not drop below pre-recession levels until 2012. The good news is that there are a number of actions you can take to reduce your loss exposure and shore up your accounts receivable (AR). it just might help them pay you sooner!