Your Virtual Credit Manager

APRIL 2, 2024

In addition, there isn’t much uniformity from one commercial credit score to the next, and they are designed to predict a range of events. Still others may be predictive of default, financial distress or financial health, and creditworthiness. delinquency or default) than will be found in a random sample.

Credit Scoring 130

Credit Scoring Credit and Collections Bad Debt Credit Risk 130

Fundera

AUGUST 29, 2017

In asset-based lending, that collateral you offer against your loan provides security that the lender will end up getting their money back in the end—even if things go south and you default on the loan. In other words, the asset-based lender wants to be in first position to repossess those assets in the event of a default.

Past Due Invoices 75

Past Due Invoices Credit Scoring Default AR Aging 75

Fundera

DECEMBER 2, 2015

Many traditional lenders would require you to sign a personal guarantee or put up collateral—like a family home—to guarantee repayment in the event of a default. Most basic accounting software will let you easily generate an AR aging statement, or you can create your own manually using a simple spreadsheet. Easy peasy.

Past Due Invoices 61

Past Due Invoices Credit Scoring Default AR Aging 61