Your Virtual Credit Manager
NOVEMBER 12, 2024
Monitoring and evaluating the credit risk posed by public companies and other large firms differs significantly in comparison to small and mid-sized businesses. Because most of your biggest customers will be larger firms instead of smaller, it is typically the larger firms that will require higher credit limits. Share Read more
Your Virtual Credit Manager
OCTOBER 15, 2024
(Photo by Melinda Gimpel on Unsplash ) The American Bankruptcy Institute recently reported that, “The 6,067 total commercial chapter 11 bankruptcies filed during the first nine months of 2024 represented a 36 percent increase over the 4,561 filed during the same period in 2023.”
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Your Virtual Credit Manager
APRIL 23, 2024
” (Photo by Devon MacKay on Unsplash ) This applies to credit and collections as well as anything else. Credit analysts should also review past decisions to improve their future performance regarding approvals, limits and term setting. The company later announced the liquidation of its U.S. Hertz Global Holdings Inc.
Your Virtual Credit Manager
AUGUST 1, 2023
Even though the economic headwinds are moderating, now is not the time to become less vigilant from a customer credit perspective. If you are extending credit to business customers, prudence dictates that you be prepared to deal with customer bankruptcies. Right now there are nearly a million new businesses beating the odds.
Your Virtual Credit Manager
AUGUST 11, 2024
Chapter 11 filings, used by businesses hoping to reorganize, have increased by 34 percent in the first six months of 2024 compared to last year. Chapter 7 commercial liquidation filings are up 28 percent and sub-chapter V small business elections are up a staggering 61 percent despite the filing threshold recently being cut in half.
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. Without careful use, though, you could spend faster than you can pay, and need to recover from business credit card debt.
Trade Credit & Liquidity Management
APRIL 2, 2025
By Robert DiNozzi Corporate Credit Managers face uncertain times. In a post-pandemic world, forbearance and amended credit agreements may no longer represent the most rational path for preserving the value of security interests. At face value, Chapter 11 would seem to present a viable option, but the statistics tell a different story.
Expert insights. Personalized for you.
130 
Let's personalize your content