Remove Bankruptcy Remove Books Remove Credit Risk
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Due Diligence Doesn't End with the Credit Application

Your Virtual Credit Manager

Among other things, commercial bankruptcies have been steadily climbing over the past year. Consequently, where the risks are concentrated in your AR portfolio can change significantly from year-to-year, which is why you need to have a program that involves both periodic account reviews and portfolio monitoring.

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60 Business Finance Terms and Definitions You Absolutely Should Know

Fundera

A business finance term and definition referring to expenses that have been incurred but haven’t yet been recorded in the business books. Bankruptcy. Turning to bankruptcy should be given careful thought because it will have a negative effect on the business credit score. Wages and payroll taxes are common examples.

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60 Business Finance Terms and Definitions Every Small Business Owner Should Know

Fundera

A term referring to expenses that have been incurred but haven’t yet been recorded in the business books. Bankruptcy. Turning to bankruptcy should be given careful thought because it will have a negative effect on the business credit score. bankruptcy) are all questions addressed by the business credit report.

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Scottish fintech launches credit management platform to support business community

Know-It Global

ONE OF Scotland’s fastest growing fintechs, Know-It, has unveiled a new service in its cloud-based credit management platform designed to revolutionise the accounting industry. This can result in financial instability and even bankruptcy for some businesses, as we are seeing with the huge swathes of company insolvencies gripping the UK.

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What Is a Good Credit Score, and Why Should You Care?

Fundera

Chances are, though, that when your lender requests your credit score, it’ll be calculated using some iteration of the FICO score. FICO is the oldest, and most popular, scoring system in the book, dating back a few decades. About 1% of consumers with very good credit scores might become credit risks in the future.

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What Is a Good Credit Score? (And How to Get One ASAP)

Fundera

Chances are, though, that when your lender requests your credit score, it’ll be calculated using some iteration of the FICO score. FICO is the oldest, and most popular, scoring system in the book, dating back a few decades. About 1% of consumers with very good credit scores might become credit risks in the future.

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101 Stock Tips That Will Cause You to Go Bankrupt — Buyer Beware

Due

As such, this blog post introduces 101 stock tips that, if followed blindly, could lead to bankruptcy. Know what your risk tolerance, investment horizon, and financial goals are before you invest a dime. Ignoring them can expose you to unknown risks. Taking the plunge without preparation. Not taking into account taxes.