Your Virtual Credit Manager

MARCH 4, 2025

This company was fortunate to avoid significant bad debt loss until Ames Department Stores, Kmart, and Fleming Foods (a distributor) all filed bankruptcy within the same year. Learn More About Credit Reports Please share this newsletter with your small business customers. Bad debt losses were understandably huge.

Bad Debt 130

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

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

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.

Accounts Receivable (AR) 130

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

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

JUNE 15, 2018

Even before you began your search for small business loans , you’ve more than likely heard of a credit score. And small business owners far outpaced the average consumer, with an average personal credit score of 721. Public record information, like judgments, collections, and bankruptcies. Nice job, SMBOs!

Credit Scoring 71

Credit Scoring Credit and Collections Default Credit Risk 71

Fundera

DECEMBER 12, 2018

And small business owners far outpaced the average consumer, with an average personal credit score of 721. No need to worry if you’re below the “average” small business owner in this regard, though—you have plenty of opportunities to boost yourself into a higher bracket. Nice job, SMBOs!

Credit Scoring 71

Credit Scoring Credit and Collections Default Credit Risk 71

Fundera

DECEMBER 14, 2018

Secretary Rosado oversees the New York Department of State, which provides the following services for New York small businesses: Oversight for 35 specific industries. New York Secretary of State business search. So, let’s learn all about the NY Secretary of State and how this government official pertains to your small business.

Small Businesses 45

Small Businesses Bankruptcy 45