Your Virtual Credit Manager

DECEMBER 27, 2022

A business with a strong credit history is more likely to be considered creditworthy than one with a weaker credit history. A business's credit history also includes any past bankruptcies or defaults, as well as collection agency placements. Click here for more information about credit applications.

Credit Scoring 130

Credit Scoring Credit and Collections Accounts Receivable (AR) Bankruptcy 130

Your Virtual Credit Manager

MARCH 19, 2024

To do this you may want to order an updated credit report as well as recontact any suppliers they provided as a credit reference on their credit application. Have the customer complete an updated credit application and request updated financial information so you can assess their current financial status.

Bulk Transfer 100

Bulk Transfer Credit and Collections Bankruptcy Third Party Collections 100

Gaviti

OCTOBER 23, 2023

A business credit score is a rating whose goal is to demonstrate how financially responsible a business is as well as its potential for profitability. The number and type of credit applications, payment history, history of debt, company structure and personal credit score of the founders or owners all affect a business credit score.

Credit Scoring 97

Credit Scoring Credit and Collections Credit Application Bankruptcy 97

Due

JANUARY 3, 2023

Receive a prequalification or preapproval credit card offer. What to look for in credit inquiries: In addition to checking your credit report, you should make sure that there are no “funny business” transactions going on. See if your credit has been checked and if it was shared only with you or with others.

Credit Scoring 119

Credit Scoring Bankruptcy Credit and Collections Credit Reporting Agencies 119

Your Virtual Credit Manager

JULY 23, 2024

A similar option involves bringing a third-party finance company into the transaction. Even so, customer layoffs are a cause for concern, and understanding the cause will drive both your evaluation of the customer’s credit-worthiness and your collection strategy. Cyber-Attacks Most small businesses do not survive a cyber-attack.

Credit and Collections 130

Credit and Collections Accounts Receivable (AR) Shared Service Center Small Businesses 130

Prosper

JANUARY 13, 2023

How do you establish or rebuild good credit? Why is carrying a balance and using credit not so bad after all? Why is it important to use your credit card responsibly, and what types of transactions should you avoid? Credit Basics. These transactions typically include: Rent and mortgage payments.

Credit Scoring 98

Credit Scoring Credit and Collections Bankruptcy Nonprofit Organizations 98

tillful

FEBRUARY 28, 2023

small business credit applicants. Inquiries : A list of all of the companies that an individual has allowed to process a hard inquiry on their credit file along with the inquiry dates. Public records : Any public records such as bankruptcies or liens. Why does the SBSS score matter?

Credit Scoring 98

Credit Scoring Credit and Collections Small Businesses Bankruptcy 98