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Debt Financing: The Definitive Guide for Small Businesses

Fundera

If debt financing—or financing a business with a loan—is among the options you’re considering, you’ll want to master its ins and outs before making the decision. Let this guidebook help you understand the complete process of shopping and applying for a small business loan. Provide your most recent AR aging statement.

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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.

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Don't Leave Converting Sales into Cash to Chance

Your Virtual Credit Manager

Under-performing AR has the potential to create a cash flow crisis that can shut down your business in very short order. Cash Flow is the number one cause of small business bankruptcies. Please feel free to share this newsletter with your small business customers. it just might help them pay you sooner!

DSO 130
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The Definitive Guide to Debt Financing

Fundera

If debt financing—or financing with a business loan—is among the options you’re considering, let this guidebook help you understand the language and culture of shopping and applying for a small business loan. As the alternative lending market has grown, so too have the types of debt financing available to small businesses.

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Evidence It's Time to Adjust Your Collection Practices

Your Virtual Credit Manager

Please feel free to share this newsletter with your small business customers. Share Signs There Are a Problem It is important to regularly monitor your collections. The point is, if DSO is rising, you need to check to determine if collections are the problem. it just might help them pay you sooner!

DSO 130
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Gleaning Actionable Insights from Credit Scores

Your Virtual Credit Manager

Learn More About Consulting Readers of Your Virtual Credit Manager can access sharply discounted business credit reports from D&B, Experian, or Equifax through our partner accredit. Learn More About Credit Reports Please feel free to share this newsletter with your small business customers.

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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. You also need to be watching your AR aging buckets. political environment, and interest rates in that order.