Remove AR Aging Remove Credit Scoring Remove Document
article thumbnail

Resolve to Be More Proactive in 2024

Your Virtual Credit Manager

Segmenting your receivables can be based on any number of criteria: industry type, distribution channel, customer risk rating or score, credit limit, AR aging and so on. While these are all useful as a secondary segmentation, the place you want to start is with customer annual purchases from your firm.

article thumbnail

Debt Financing: The Definitive Guide for Small Businesses

Fundera

There are terms you don’t know and concepts you’ve never heard of. Plus, you might be asked to sign documents and make decisions based on information you don’t totally understand. The options are seemingly endless, and there are so many pros and cons to each. Documents to Prove Your Business Is Legitimate.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Definitive Guide to Debt Financing

Fundera

There are terms you don’t know, concepts you’ve never heard of, and you’re being asked to provide documents and make decisions based on information you don’t totally understand. The options are seemingly endless, and there are so many pros and cons to each. Documents You’ll Need. How to Apply for Debt Financing.

article thumbnail

How Asset-Based Lenders Applications Differ from Traditional Options

Fundera

If you’ve researched traditional small business loans , you’re probably aware that you need to have a profitable business, a strong revenue history, and a robust personal credit score to qualify for the best options. But what if that doesn’t describe your business just yet?

article thumbnail

How Asset-Based Lenders Applications Differ from Traditional Options

Fundera

If you’ve researched traditional small business loans, you’re probably aware that you need to have a profitable business, a strong revenue history, and a robust personal credit score to qualify for the best options. But what if that doesn’t describe your business just yet? High-growth Mode.