Remove Accounts Receivable (AR) Remove Credit Card Payments Remove Small Businesses
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Top 10 Strategies for Reducing Days Sales Outstanding (DSO)

Your Virtual Credit Manager

How was your accounts receivable (AR) performance last year? This is a very important question because AR is typically one of the top two or three largest assets for a B2B vendor. The primary way most companies measure AR performance involves looking at the Days Sales Outstanding (DSO) metric.

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Strategies for Navigating Elevated Interest Rates

Your Virtual Credit Manager

There has always been a strong correlation between the cost of funds and accounts receivable (AR) management. As interest rates increase, the cost of borrowing money also increases for businesses. Learn More About Credit Reports Please feel free to share this newsletter with your small business customers.

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Is Your AR Management up to the Task?

Your Virtual Credit Manager

Accounts Receivables (AR) require active management. Any O2C friction that results will ultimately have a negative affect on AR performance. Photo by Elisa Ventur on Unsplash When a company’s AR under-performs, the consequences are substantial. Laissez-faire doesn’t cut it.

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Increase the Liquidity of Your Receivables Portfolio

Your Virtual Credit Manager

Turning your inventory over faster and your payables slower will add cash to your balance sheet, as will raising capital by selling shares in your company or getting a loan or line of credit. The other option you have involves improving the performance of your accounts receivable (AR).

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Managing Credit Risk to Maximize Revenue in Tough Times

Your Virtual Credit Manager

Small businesses are under a lot of pressure. It is therefore no surprise that small business owners’ top economic concerns are inflation, recession, commodity prices, the U.S. Extend small trial credit limits for almost all new customers, excluding those with very poor credit ratings.

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Is There a Minimum Credit Score for Business Loan Eligibility?

Fundera

Practically no one would call the process of getting a small business loan “simple.” You’ll have to meet a ton of different business loan requirements , which change depending on the loan product you want. And among those fluctuating factors might be a minimum credit score for loan eligibility. Hard credit inquiries .

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Business Finance Terms Definition List

tillful

Looking to dust off your business finance terminology? Here's a glossary featuring many of the most common business finance terms you may need or want to know. Accounts receivable (AR). Accounts receivable refers to money owed to a business by third parties like customers or clients.