Credit Research Foundation

SEPTEMBER 27, 2024

First, since we haven’t seen significant default activity in recent years, many companies have let up on their credit risk management efforts, as the value proposition wasn’t as compelling as it was during previous economic downturns.

Days Sales Outstanding 195

Days Sales Outstanding Bad Debt DSO Default 195

Your Virtual Credit Manager

MAY 23, 2023

Do you need help with your credit policies and procedures? The experts at Your Virtual Credit Manager will analyze your situation to provide you with actionable insights for managing credit risk and shortening your cash conversion cycle.

Bad Debt 49

Bad Debt Credit and Collections Deductions Credit Risk 49

Credit Research Foundation

AUGUST 28, 2024

This unique environment is driven by a simple formula that continues to work after 75 years: CRF is a non-profit, member-based organization that promotes the gathering of thought leaders in the B2B credit space to share their successes of today and advance the leaders of tomorrow.

B2B Credit 195

B2B Credit Credit Risk 195

Abrigo

APRIL 12, 2021

Finally , credit risk analysis software that is part of an end-to-end LOS allows credit staff to take advantage of automated loan decisioning , loan management system workflows, and financial spreading. Credit Analysis Training. Credit Risk Management. Credit Risk Regulation. Risk Ratings.

Credit Unions 135

Credit Unions Credit Risk Credit and Collections CECL 135

Your Virtual Credit Manager

APRIL 2, 2024

Companies tend to offer more favorable terms to customers with higher credit scores, such as higher credit limits or longer payment terms while imposing stricter terms on higher-risk customers with lower scores. Monitoring Credit Risk : Companies may use credit scores to monitor the credit risk of their existing customers.

Credit Scoring 130

Credit Scoring Credit and Collections Bad Debt AR Aging 130

Abrigo

OCTOBER 21, 2020

Credit Risk Management. Lending & Credit Risk. Lending & Credit Risk. Portfolio Risk & CECL. From CRE to Corporate Culture – BIG Ideas from 2020 ThinkBIG: Manage Risk. From CRE to Corporate Culture – BIG Ideas from 2020 ThinkBIG: Manage Risk. Credit Risk Management.

CECL 125

CECL Credit Risk Default 125

Your Virtual Credit Manager

OCTOBER 17, 2023

(Photo by Jandira Sonnendeck on Unsplash ) In most cases, you therefore have to extend credit to your B2B customers, which entails the following risks: Not being paid anything Being paid an amount less than the full invoice value Not being paid on time, whether in full or in part These outcomes are known as credit risks.

Bad Debt 130

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

Abrigo

JUNE 18, 2020

Lending & Credit Risk. Credit Risk Management. Lending & Credit Risk. Lending & Credit Risk. Portfolio Risk & CECL. C&I Loans. CRE Lending. SBA Lending. How the Pandemic and PPP Have ‘Turbo-charged’ New Business Lending Strategies. Learn More. C&I Loans.

Credit Risk 117

Credit Risk CECL Small Businesses 117

Your Virtual Credit Manager

NOVEMBER 14, 2023

Selling only to financially strong customers reduces the risk of bad debt loss, (and the cost of Credit and Collections activity required). Most companies, however, need incremental sales volume from higher-credit-risk customers to break even and achieve profitability. it just might help them pay you sooner!

Credit Sales 130

Credit Sales Bad Debt Credit and Collections Credit Risk 130

Abrigo

FEBRUARY 6, 2024

Get ready for the next credit cycle with credit department housekeeping tips from this webinar. Credit risk rating system: Establish an FAS-compliant credit risk rating system that staff can understand and carry out. Confirm the signing authority of corporate officials representing the entity.

Credit Unions 88

Credit Unions Credit Risk Small Businesses 88

Abrigo

APRIL 4, 2020

Lending & Credit Risk. Lending & Credit Risk. Lending & Credit Risk. Lenders that need assistance accessing CAFS should call 1-833-572-0502 – hit 1 when prompted if you are already an approved SBA 7(a) lender or have submitted the Form 3506. . SBA Lending. I Can’t Connect to E-Tran – What Now?

Credit Risk 128

Credit Risk Small Businesses 128

Your Virtual Credit Manager

FEBRUARY 13, 2024

Clearly, the level of Business Credit Risk is going to remain elevated as we move through 2024, bringing with it the potential for corresponding increases in bad debt and delinquency. It will also help your prioritize your credit reviews as recommended in item #1. Here’s more on setting credit limits.

Bankruptcy 130

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

Abrigo

SEPTEMBER 23, 2024

Visualize your data, access benchmarks, and streamline reporting learn more talk with an expert Webinar Commercial Lending Credit Risk Management Lending & Credit Risk When good loans go bad: Managing problem and distressed loans Learn More Webinar Commercial Lending Lending & Credit Risk Small Business Lending Answering your top CFPB 1071 (..)

Credit Unions 88

Credit Unions Credit Risk Credit and Collections Small Businesses 88

Your Virtual Credit Manager

FEBRUARY 27, 2024

Compliance Risks : For example, if credit practices are not compliant with fair lending laws or data privacy regulations, it can result in legal penalties and reputational damage. Alignment is more likely to be achieved when all parties understand the impact of credit risks and systemic failures in the O2C process.

Accounts Receivable (AR) 130

Accounts Receivable (AR) Days Sales Outstanding Bad Debt Credit and Collections 130

Your Virtual Credit Manager

OCTOBER 3, 2023

These customers pose the highest risk of bad debt loss. This is a classic approach and when executed properly, it can enable a company to satisfactorily manage their credit risk. It should also facilitate maximizing revenue from customers with a higher degree of credit risk. it just might help them pay you sooner!

Bad Debt 130

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

Credit Research Foundation

JANUARY 11, 2024

As a seasoned commercial credit risk practitioner, I’ve witnessed firsthand the invaluable benefits of cultivating a robust network beyond organizational boundaries, courtesy of credit networks.

Credit Risk 150

Credit Risk 150

Your Virtual Credit Manager

DECEMBER 5, 2023

Share Differentiating Your Customers The two most important customer account characteristics that will foreshadow the Collection Strategy you should pursue are: The size of their AR balance Their credit risk profile As a rule, customers that owe you larger amounts of past due AR should receive more and earlier attention than customers who owe less.

Credit and Collections 130

Credit and Collections Third Party Collections Accounts Receivable (AR) Credit Risk 130

Your Virtual Credit Manager

OCTOBER 22, 2024

When we first think about credit risk, our minds focus on the financial status of the company in question. To manage the risk that a customer might default, companies implement credit and collection policies and procedures.

Past Due Invoices 130

Past Due Invoices Credit and Collections Credit Card Payments Default 130

Abrigo

DECEMBER 20, 2024

Based on comments from the Abrigo Advisory Services team and our bank and credit union clients, executives will have their work cut out to manage profitability, balance sheet growth, and credit risk. Still-elevated interest rates are running into declining consumer purchasing power, which stands to add pressure to credit risk.

Credit Unions 78

Credit Unions CECL Credit Risk 78

Abrigo

APRIL 25, 2024

Takeaway 3 With lower interest rates nowhere in sight, lenders need to monitor and adjust lending and underwriting strategies based on their own institution’s credit risk profile. 1 appeared first on Abrigo.

Small Businesses 88

Small Businesses Credit Unions Credit Risk CECL 88

Abrigo

NOVEMBER 13, 2024

As rates stay high, concerns about credit risk and borrower health are top of mind for bank and credit union leaders, especially as it relates to lending to small businesses. However, recent data from Abrigo shows that privately held companies across the U.S. are displaying their financial resilience.

Small Businesses 88

Small Businesses Credit Unions Credit Risk Accounting Firms 88

Abrigo

NOVEMBER 12, 2023

Support credit risk management Understanding loan covenants, when financial institutions should use them, and how to monitor them supports strong lending portfolios and credit risk management best practices. Takeaway 2 Capital, performance, and administrative covenants are common with business loans.

Credit Risk 88

Credit Risk Credit Unions Default CECL 88

Your Virtual Credit Manager

DECEMBER 20, 2022

Share Controlling Credit Risk Increasing sales to high margin customers disproportionately increases total gross profit. Readers of Your Virtual Credit Manager can now access sharply discounted business credit reports from D&B, Experian, or Equifax through our partner Accredit. Here’s how?

Deductions 130

Deductions Credit and Collections Bad Debt Credit Risk 130

Credit Management Group UK

JANUARY 7, 2024

To tackle these issues, for a low monthly cost we can provide your business with the expertise and support necessary in fully understanding your credit management issues, analysing the situation to find the most appropriate solutions.

Credit Management 93

Credit Management Bad Debt Credit Risk Credit and Collections 93

Your Virtual Credit Manager

MAY 7, 2024

Credit Risk: Persistent payment issues with a customer often signal credit risk, impacting a supplier's ability to secure financing or credit insurance related to the receivable in question. This can limit a supplier's capacity to extend credit to other customers.

Credit and Collections 130

Credit and Collections Credit Risk Credit Management Order to Cash 130

Abrigo

FEBRUARY 16, 2024

Preparing your credit administration for the next cycle Financial institutions should consider these tips for maintaining an efficient credit process throughout the year. You might also like these on-demand webinars tackling common credit risk questions. Discover options for loan policy review assistance.

CECL 78

CECL Credit Risk Credit Unions 78

Abrigo

JULY 20, 2024

Credit risk : In C&I lending, at least part of the collateral is intangible. The emphasis for commercial credit risk management and evaluation is cash flow, fixed charges coverage, and working capital cycles. What will need to change for solid commercial credit analysis ? Pruis said.

Credit Unions 78

Credit Unions Credit Risk Small Businesses 78

Abrigo

DECEMBER 18, 2023

Recent headlines may lead bankers to believe that shunning commercial real estate lending is the safest path to limit or avoid credit risk, given stresses on CRE and regulatory concerns. Learn more about CRE risk management in this webinar, "Red flags vs. red herrings: identifying emerging CRE risk."

Credit Unions 88

Credit Unions Credit Risk Insurance Companies Small Businesses 88

Abrigo

DECEMBER 14, 2023

Learn to identify emerging CRE credit risk red flags. Learn to identify emerging CRE credit risk red flags.

Credit Risk 88

Credit Risk Dashboards Credit and Collections CECL 88

Abrigo

APRIL 22, 2024

Win more small business deals and grow market share.

Credit Unions 97

Credit Unions Small Businesses Credit and Collections Credit Risk 97

Abrigo

OCTOBER 10, 2023

How industry analysis can improve your credit risk management Understanding your customers' businesses leads to better loan pricing, structure, and risk management. You might also like this webinar series, "Tackling common credit risk questions during challenging times." Get more credit risk best practices.

CECL 78

CECL Credit Risk Credit Unions Small Businesses 78

Abrigo

OCTOBER 28, 2022

Managing loan workouts and modifications Tips for preparing your bank or credit union to handle an increased volume of problem loans while ensuring prudent credit risk management. You might also like this video, "A look at credit risk in a rising-rate environment." CRE loan accommodations.

Credit Unions 78

Credit Unions Credit Risk CECL Credit Management 78

Abrigo

AUGUST 2, 2023

CRE credit risk is in the spotlight A structured approach to assessing commercial real estate risk helps banks and credit unions address inquiries about the health of CRE loans. Executives should be prepared to discuss credit risk stress testing outcomes and their impact on risk management decisions.

CECL 78

CECL Credit Risk Credit Unions 78

Abrigo

DECEMBER 28, 2023

Banks and credit unions looking for more information on prepping for exams can also listen to Abrigo’s Ahead of the curve podcast , which focuses on the OCC’s Bank Supervision Plan for 2024. The popularity of this whitepaper on stress testing, then, is understandable. Another loan review resource is the on-demand webinar covering the survey.

CECL 88

CECL Credit Unions Credit Risk Transactions 88

Abrigo

FEBRUARY 14, 2024

Applying adverse scenarios while conducting stress tests or sensitivity analysis helps banks adjust risk management processes, capital planning, liquidity management, collateral valuation processes, and workout procedures to prepare for credit risk problems before they impact earnings and capital.”

CECL 78

CECL Credit Risk Credit Unions 78

Your Virtual Credit Manager

FEBRUARY 28, 2023

It will reduce your Accounts Receivable (AR) balance and the associated elevated credit risk inherent in a larger AR. Getting customers to pay now rather than later reduces the risk of a default down the road. It will contribute to you realizing accelerated cash inflows, which will be critically important during a recession.

Bad Debt 130

Bad Debt Accounts Receivable (AR) Credit Risk Bankruptcy 130

Abrigo

MAY 19, 2023

You might also like this webinar, "Return to basics: Asking the right credit risk questions." WATCH Takeaway 1 Loan review officers must figure out how to adhere to the FDIC’s guidance on loan review and credit risk review systems. Read more for specific objectives every loan review system should meet.

Credit Risk 78

Credit Risk Credit Unions Credit and Collections Small Businesses 78