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Seven Observations from Silicon Valley Bank's Failure

Your Virtual Credit Manager

Subscribe now Lessons to Be Learned Looked at from the perspective of somebody responsible for the management of a portfolio of accounts receivable (AR), the events surrounding the SVB collapse present a cautionary tale. This ties into all the Covid startups and the lack of bankruptcies while stimulus funds were available.

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Derogatory Public Record or Collection Filed? Here’s What It Means For Your Business

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Unfortunately, derogatory marks cause your credit scores to drop and alert future creditors that you present a higher credit risk. According to Dun & Bradstreet , they can include liens, judgments, bankruptcies, UCC filings, and business registrations. Bankruptcy filings : Five years. Trade data : 60 months.