Due

APRIL 15, 2024

America’s small businesses face unprecedented challenges. Small business bankruptcy filings increased 78% over the past year, driven by impending changes to bankruptcy law and ongoing uncertainty about the overall economic outlook. As a business owner, you indeed wish things could be easier.

Small Businesses 84

Small Businesses Bankruptcy Credit and Collections Business Bankruptcy 84

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

Your Virtual Credit Manager

MARCH 21, 2023

Any enterprise extending credit to another business needs to have real treasury expertise. The role of credit should not be focused on preventing bad debt losses, but rather maximizing profits. Please feel free to share this newsletter with your small business customers. Learn More About Credit Reports 5.

Accounts Receivable (AR) 130

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

Fundera

AUGUST 26, 2018

Business credit cards are essential financing tools for both new and established business owners alike. When you’re just beginning, they can be your main financing lifeline and how you build your business credit. Many business owners need to know how to recover from business credit card debt.

Chapter 11 65

Chapter 11 Bankruptcy Chapter 7 Credit and Collections 65

Credibly

OCTOBER 31, 2023

What you can do before your loan goes into default Does defaulting on a business loan affect my personal credit? Almost defaulting on your business loan is an incredibly difficult experience to go through. What happens if you default on a business loan? These occurrences are collectively known as events of default.

Default 40

Default Credit Scoring Credit and Collections Bankruptcy 40

Due

MAY 28, 2023

The news is full of doom and gloom about the bank crisis and a potential recession, causing many consumers and business owners to fear the future. A bank crisis does, in fact, have impacts on the economy and can particularly affect entrepreneurs and small business owners. What Is a Bank Crisis?

Bankruptcy 53

Bankruptcy Credit and Collections Business Bankruptcy Small Businesses 53

Fundera

MARCH 10, 2019

When you sign a personal guarantee, you authorize the lender to seize any of your personal assets to repay the loan, if business assets aren’t sufficient to cover loan payments. Small Business Administration loans, or SBA loans , are some of the most best loan products out there for small business owners.

Default 74

Default Credit and Collections Small Businesses Business Bankruptcy 74