Your Virtual Credit Manager

DECEMBER 6, 2022

If your sales are consummated via payment at the point of sale, which may involve “pay with order” or “pay on delivery” protocols involving a credit card or an online e-payment product, managing Accounts Receivable (AR) will not be big issue for you. Cash Flow is the number one cause of small business bankruptcies.

DSO 130

DSO Credit and Collections Bad Debt AR Aging 130

tillful

MAY 17, 2023

Here’s a closer look at what collection filings and derogatory marks mean for businesses. Plus, learn how long they stay on your record, how to prevent them, and tips on getting your business credit back on track. What does it mean to have a business debt in collections? Credit inquiries : 9 months.

Credit and Collections 52

Credit and Collections Bankruptcy Credit Reporting Agencies Credit Scoring 52

Your Virtual Credit Manager

MARCH 21, 2023

For example, having taken a long position on treasuries, nothing was done to hedge the risk of interest rates increasing, despite thee fact they have now been increasing for 18 months. Any enterprise extending credit to another business needs to have real treasury expertise. Learn More About Credit Reports 5.

Accounts Receivable (AR) 130

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

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. A banking crisis increases this challenge because during a banking crisis, banks are more risk averse, meaning they tighten their lending standards.

Bankruptcy 53

Bankruptcy Credit and Collections Business Bankruptcy Small Businesses 53