Bad Debt, Business Bankruptcy and Default

Storm Warning: Private Company Red Flags

Your Virtual Credit Manager

JANUARY 14, 2025

The United States has witnessed a significant surge in corporate bankruptcies, reaching a 14-year high in 2024. Business bankruptcy filings increased by 33.5% In contrast, customer bankruptcies or other defaults typically cause the loss of most, if not all, the AR owed. Do you need help improving cash flow?

Bad Debt

Bad Debt Bankruptcy Credit and Collections Accounts Receivable (AR)

Don't Leave Converting Sales into Cash to Chance

Your Virtual Credit Manager

DECEMBER 6, 2022

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. Without effective AR management, your cash flow is subject to entropy as the AR ages, as well as to the shocks caused by customer defaults.

DSO

DSO Credit and Collections Bad Debt AR Aging

Credit Management Source

Storm Warning: Private Company Red Flags

Don't Leave Converting Sales into Cash to Chance

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