Your Virtual Credit Manager

MARCH 21, 2023

This ties into all the Covid startups and the lack of bankruptcies while stimulus funds were available. Commercial bankruptcies have only started to slowly tick up the past six months after 18 months of record lows. This is another reason to re-evaluate the credit risks lurking in your AR portfolio.

Accounts Receivable (AR) 130

Accounts Receivable (AR) Bankruptcy Bad Debt Credit and Collections 130

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. The solution is the implementation of credit and collection best practices geared to ensure customer profitability and sufficient cash flow.

DSO 130

DSO Credit and Collections Bad Debt AR Aging 130

tillful

MAY 17, 2023

Unfortunately, derogatory marks cause your credit scores to drop and alert future creditors that you present a higher credit risk. Along with credit account information, credit reports typically include public records — records of incidents or actions recorded with a government agency. Trade data : 60 months.

Credit and Collections 52

Credit and Collections Bankruptcy Credit Reporting Agencies Credit Scoring 52

Due

MAY 28, 2023

Here we’ll discuss how the bank crisis may affect the future of entrepreneurs and what you can do to protect your business. Banks, by nature, face numerous risks. Additionally, small businesses often can’t pay their existing debt, leading to decreased business credit scores or even bankruptcy.

Bankruptcy 53

Bankruptcy Credit and Collections Business Bankruptcy Small Businesses 53