MNS Credit Management Group

SEPTEMBER 24, 2023

In addition to giving solicitors instructions to start legal proceedings, we also offer credit management services including sending letters of demand prior to legal action, a service that looks into a company’s history, credit reports, and status reports. When a client owes a business money, consumer collections take place.

Debt Collections 52

Debt Collections Credit and Collections Collector Credit Management 52

Fundera

MARCH 30, 2018

The beauty of most cloud-based accounting software is that they connect to your business bank accounts and business credit card records and import them automatically, which reduces the likelihood that you’ll miss something. Mileage can be a big deduction for your business. Credit card receipts and statements.

Small Businesses 76

Small Businesses Deductions Credit and Collections Transactions 76

Fundera

AUGUST 15, 2018

How to Establish Business Credit. Get a business credit card or business line of credit. Borrow from lenders who report to business credit bureaus. You know where your personal credit score stands month-to-month and how personal credit impacts your ability to qualify for financial products.

Credit Reporting Agencies 76

Credit Reporting Agencies Credit Scoring Credit and Collections Small Businesses 76

Fundera

OCTOBER 24, 2019

Amazon Lending does not check credit. In fact, in 2018 Amazon partnered with Bank of America to further support their lending initiatives. Does Amazon Lending check credit? For context, credit cards usually carry a 14 to 20% APR, whereas APRs on merchant cash advances start at around 15%, but can reach into the triple digits.

Credit and Collections 73

Credit and Collections Deductions Small Businesses Credit Scoring 73

Fundera

APRIL 8, 2019

Photo credit: IRS.gov. Prior to April 16, 2018, an unpaid tax lien would appear on your personal credit report for up to 10 years. Fortunately, tax liens no longer appear on personal credit reports. A business tax lien can show up on your business credit report and affect your business credit score.

Deductions 73

Deductions Credit and Collections Credit Scoring Small Businesses 73

Fundera

OCTOBER 5, 2018

Social security and Medicare taxes (collectively called FICA taxes) that you withheld from your employees’ paychecks. Adjustments for tips, sick pay, and business tax credits. Those decimals stand in for the percentage of wages and tips that gets deducted for social security and Medicare tax. EFTPS, U.S.

Credit and Collections 61

Credit and Collections Deductions Small Businesses Insurance Companies 61

Fundera

NOVEMBER 1, 2019

per employee per hour worked in June of 2018. The employer can also deduct many of these expenses from their taxes as a business cost. Employers should consider their business’s size, location, industry, and collective bargaining agreements, as well as the benefits practices of their competitors. According to the U.S.

Small Businesses 88

Small Businesses Credit and Collections Deductions 88