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Red Flags Revealed by Your Customers' Financial Statements

Your Virtual Credit Manager

Insights From Analyzing 10 Established Retailers Last December, international credit bureau, CreditSafe , published their analysis of 10 US-based retailers that were established over 75 years ago, had annual revenue of at least $500 million, and, if there was a past bankruptcy, it had been filed from 2020 to 2023.

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A Strong Loan Review System Is Good for Your Business

Abrigo

A strong loan review function is especially important for helping financial institutions be nimble, he explained during the recent webinar “ Best Practices for Credit Analysts.” Being able to move quickly is a business advantage.

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What Is a Trade Reference? 

CreditStrong for Business

Have an internal credit policy against D&B reporting. However, be aware that you typically need good personal credit to qualify for these accounts. You’ll probably need to sign a personal guarantee as well, accepting personal liability if your business defaults on its debt. Voluntarily report to D&B on their own.