Your Virtual Credit Manager

JANUARY 28, 2025

The experts at Your Virtual Credit Manager have default risk probabilities and other financial benchmarks for analyzing your AR portfolio and revealing actionable credit & collection insights. Learn More About Credit Reports Please share this newsletter with your small business customers. Share Read more

Accounts Receivable (AR) 130

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

Your Virtual Credit Manager

FEBRUARY 25, 2025

The experts at Your Virtual Credit Manager have default risk probabilities and other financial benchmarks for analyzing your AR portfolio and revealing actionable credit & collection insights. Learn More About Credit Reports Please share this newsletter with your small business customers.

Bad Debt 130

Bad Debt Credit and Collections DSO Debt Collections 130

Your Virtual Credit Manager

OCTOBER 29, 2024

Don’t get sucked into a prolonged discussion on business conditions or the problems the customer is facing, unless they appear to be indicators of default or business failure. For an Introduction to Business/Commercial Collections, join David Schmidt online November 12, 2024, at 1:30 PM EDT. Share Read more

Past Due Invoices 100

Past Due Invoices Credit and Collections Collector Default 100

Due

SEPTEMBER 30, 2023

For most prospective small business owners, many of the costs of running a business are clear from the beginning of the process. Even if the equipment is owned, simply planning around these inevitable issues and subsequent costs puts small business owners in a much better position when it comes to unexpected equipment costs.

Small Businesses 119

Small Businesses Transactions Deductions Credit Scoring 119

Abrigo

APRIL 25, 2024

Recent data and trends of the small business lending market SMB Lending Insights is a snapshot of current financial trends and metrics that impact small and medium-sized business (SMB) lending and financial institutions. You might also like this guide for smarter, faster small business lending.

Small Businesses 88

Small Businesses Credit Unions Credit Risk CECL 88

Your Virtual Credit Manager

MARCH 4, 2025

The experts at Your Virtual Credit Manager have default risk probabilities and other financial benchmarks for analyzing your AR portfolio and revealing actionable credit & collection insights. Learn More About Credit Reports Please share this newsletter with your small business customers.

Bad Debt 130

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

Fundera

OCTOBER 20, 2019

How to Manage Small Business Finances in 5 Comprehensive Steps. Choose a business bank account and separate your personal and business finances. Organize your business finances by using accounting software and hiring a professional. Understand and fulfill your business tax responsibilities.

Small Businesses 101

Small Businesses Credit Scoring Credit and Collections Default 101

Abrigo

MAY 2, 2024

Boost your small business lending efforts from the bottom up Small businesses play a crucial role in our economy, and one of the critical factors in their success is access to funding. You might also like this guide for smarter, faster small business lending.

Small Businesses 88

Small Businesses Credit Risk Credit Unions CECL 88

Lendio

JULY 6, 2023

As a small business owner, you have so many things to manage, and social media may be the last item on your list. Embracing these platforms may be just what your business needs to connect with crucial new customers. Start with the basics, pick the best platforms for your particular small business (more on that below!),

Small Businesses 98

Small Businesses Dashboards Default 98

Your Virtual Credit Manager

JANUARY 7, 2025

Besides driving process improvement, the experts at Your Virtual Credit Manager can apply default risk probabilities & other financial benchmarks to your AR portfolio to reveal actionable credit & collection insights. Learn More About Credit Reports Please share this newsletter with your small business customers.

Days Sales Outstanding 130

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

Lendio

OCTOBER 26, 2023

Another term for this type of financing is an unsecured business loan. It is important to point out that the lender’s risk is higher with an unsecured loan since it has no assets to take possession of in the event of a default. Because no collateral business loans involve more risk for lenders, these loans tend to be less common.

Small Businesses 97

Small Businesses Credit Scoring Credit and Collections Default 97

Fundera

DECEMBER 6, 2016

Have you ever made a mistake as a small business owner? Without a business plan to guide your startup and growth, you’ll struggle to make decisions, get loans, or bring investors on board. Choosing the wrong form of business. Review what competing businesses in your area charge. Who hasn’t? Failing to plan.

Small Businesses 106

Small Businesses Default 106

Fundera

FEBRUARY 6, 2018

Running a business involves a constant learning curve. And that applies whether you’re a rookie entrepreneur just starting out with a great idea for a new business or a more established small business owner with a quickly growing business that needs to expand. Accounting Terms to Know. Accounts Receivable.

Small Businesses 105

Small Businesses Credit Scoring Credit and Collections Bankruptcy 105

Your Virtual Credit Manager

MARCH 25, 2025

The experts at Your Virtual Credit Manager have default risk probabilities and other financial benchmarks for analyzing your AR portfolio and revealing actionable credit & collection insights. Learn More About Credit Reports Please share this newsletter with your small business customers.

Credit and Collections 130

Credit and Collections Sales Tax Exemptions Credit Management Credit Application 130

Your Virtual Credit Manager

DECEMBER 31, 2024

Besides driving O2C process improvement, the experts at Your Virtual Credit Manager can apply default risk probabilities & other financial benchmarks to your AR portfolio to reveal actionable credit & collection insights. Learn More About Credit Reports Please share this newsletter with your small business customers.

Collector 130

Collector Credit and Collections Bad Debt High-Risk Accounts 130

Lendio

NOVEMBER 1, 2023

There are many different kinds of small business loans, making it essential to do your research before beginning any application process. The 11 most popular types of small business loans The following information covers the common routes entrepreneurs take to get the capital they need.

Small Businesses 98

Small Businesses Credit Scoring Credit and Collections Default 98

Fundera

JUNE 6, 2018

At their very best, small business loans work wonders to alleviate a business’s financial burdens. But for a business with cash-flow issues, getting a small business loan with a down payment actually adds to the stress. That’s why many borrowers hope to find no money down small business loans.

Small Businesses 89

Small Businesses Default Credit Card Payments Credit Scoring 89

Your Virtual Credit Manager

FEBRUARY 18, 2025

The experts at Your Virtual Credit Manager have default risk probabilities and other financial benchmarks for analyzing your AR portfolio and revealing actionable credit & collection insights. Learn More About Credit Reports Please share this newsletter with your small business customers. Share Read more

Credit Application 130

Credit Application Credit and Collections Bad Debt High-Risk Accounts 130

Fundera

SEPTEMBER 30, 2020

Many small business owners are expected to do everything themselves. While some aspects of running a business don’t need to be done perfectly, others—like complying with labor laws—must be done correctly. Between various state and federal laws, there’s a lot for a small business owner to know about labor laws.

Small Businesses 98

Small Businesses Default 98

Your Virtual Credit Manager

JANUARY 17, 2023

Photo by Alex Radelich on Unsplash When small businesses add customers and increase sales, their company’s Accounts Receivable (AR) will grow. it just might help them pay you sooner! Share A Case in Point A parts distributor was having difficulty with collections and high dispute volumes.

Credit and Collections 246

Credit and Collections Accounts Receivable (AR) Days Sales Outstanding Past Due Invoices 246

Abrigo

FEBRUARY 23, 2022

Loan Decisioning Allows Small Business Lending to Grow Community financial institutions can leverage automated loan underwriting to increase small business lending and achieve consistency. . Takeaway 1 Financial institutions are using small business loans as a source of growth and this trend will continue. .

Small Businesses 78

Small Businesses Credit Unions Credit Risk CECL 78

Fundera

SEPTEMBER 18, 2018

When a credit bureau computes your credit score, their job is to produce a number that estimates—given your past and current financial history—how likely you are to default on future debts. But you might be surprised at some of the lesser-known factors that could affect your score and how they might affect you as a small business owner.

Credit Scoring 93

Credit Scoring Small Businesses Credit and Collections Collector 93

Fundera

SEPTEMBER 14, 2018

Estate Planning for Small Business Owners in 8 Steps. Sort out issues in family-owned businesses. Draft a buy-sell agreement (for multi-owner businesses). As a small business owner, you have dozens of things competing for your attention on a daily basis. Why Business Estate Planning Is Important.

Small Businesses 85

Small Businesses Law Firms Transactions Default 85

Biz2X

MARCH 18, 2025

Reading Time: 4 minutes Data-driven strategies have become integral for small business lending, particularly within digital commercial lending. According to Forbes, Small Business Administration-backed loans had a near-record start in 2025, with $8.8 According to the U.S.

Small Businesses 52

Small Businesses Default Transactions 52

Your Virtual Credit Manager

JUNE 25, 2024

Increasing complaints from customers about invoice discrepancies, unclear payment terms, or disputes suggest that you have systemic problems with the potential to create significant payment delays or defaults. Commensurate with a rising expectation of defaults, is a worsening of the quality of your AR portfolio along with profit shrinkage.

Bad Debt 130

Bad Debt Credit and Collections Days Sales Outstanding DSO 130

Beyond Capital Blog

JULY 22, 2022

When you applied for a Small Business Administration (SBA) loan and signed on the dotted line, you had every intention of repaying your debt. Defaulting on SBA loans is more common than you think. The post Facing an SBA Loan Default? The post Facing an SBA Loan Default? You aren’t alone.

Default 52

Default Small Businesses 52

Fundera

NOVEMBER 7, 2020

Because of their quick underwriting processes, time to funding, and repayment terms, business bridge loans are ideal for moments when you know you’ll have a source of capital incoming (and you’re sure you can pay off a smaller loan when that happens), but you need to seize an opportunity now. What Is a Bridge Loan for Small Business?

Small Businesses 75

Small Businesses Credit Scoring Transactions Default 75

Your Virtual Credit Manager

JANUARY 23, 2024

Furthermore, new businesses and small businesses tend to have high failure rates, and there is good reason to believe a wave of defaults is coming. We are currently offering 33 percent off our standard small business consulting rates. What do you need help doing?

Credit Application 130

Credit Application Bad Debt Bankruptcy Credit Scoring 130

Lendio

NOVEMBER 8, 2023

Some lenders are more tolerant of delinquency than others, but at a certain point, late and missed payments result in a default. Read to better understand how a default on a business loan typically plays out and how it could affect you. Default vs delinquency: Understanding the difference. So what happens if you default?

Default 52

Default Credit Scoring Credit and Collections Bankruptcy 52

CreditStrong for Business

JANUARY 3, 2025

If you’ve borrowed money for your small business and used collateral to secure the loan, you may notice something called a UCC filing on your business credit report. A UCC filing is a legal notice that allows a creditor to notify other creditors about assets your business has used to secure a loan with the filer.

Credit Scoring 52

Credit Scoring Default Transactions Small Businesses 52

Your Virtual Credit Manager

NOVEMBER 19, 2024

The experts at Your Virtual Credit Manager have default risk probabilities and other financial benchmarks for analyzing your AR portfolio and revealing actionable credit & collection insights. Learn More About Credit Reports Please share this newsletter with your small business customers.

DSO 100

DSO AR Metrics Credit and Collections Accounts Receivable (AR) 100

Your Virtual Credit Manager

OCTOBER 22, 2024

To manage the risk that a customer might default, companies implement credit and collection policies and procedures. The experts at Your Virtual Credit Manager have default risk probabilities and other financial benchmarks for analyzing your AR portfolio and revealing actionable credit & collection insights. Share Read more

Past Due Invoices 130

Past Due Invoices Credit and Collections Credit Card Payments Default 130

CreditStrong for Business

AUGUST 9, 2024

Running out of funds is one of the most significant dangers to small businesses, and loans can be frustratingly hard to obtain. Only 42% of small businesses managed to qualify for sufficient financing in 2021. As a result, local offerings are a great place for California business owners to start looking for funding.

Small Businesses 52

Small Businesses Credit Scoring Credit Unions Default 52

Your Virtual Credit Manager

JUNE 13, 2023

Far more damaging is a customer that defaults (never pays). These bad debt losses can put your own business at risk of failure. The inability to recover the loss with new business puts a serious crimp in a firm’s cash flow, especially when the default involves a large amount. it just might help them pay you sooner!

Credit and Collections 26

Credit and Collections Bad Debt Default Credit Risk 26

Your Virtual Credit Manager

DECEMBER 26, 2023

First we look at Red Flags that may indicate a customer could begin paying slower or default. Far more damaging is a customer that defaults (never pays). An inability to replace the loss with new business will put a serious crimp in your cash flow, especially when the default involves a large amount.

Collector 130

Collector Credit and Collections Default Third Party Collections 130

Your Virtual Credit Manager

SEPTEMBER 3, 2024

The experts at Your Virtual Credit Manager have default risk probabilities and other financial benchmarks for analyzing your AR portfolio and revealing actionable insights. Learn More About Credit Reports Please share this newsletter with your small business customers. it just might help them collect faster and pay you sooner.

Accounts Receivable (AR) 130

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

Your Virtual Credit Manager

JULY 23, 2024

This is especially true in the case of small business customers, who will do everything they can to keep paying their suppliers and vendors, including tapping out their personal credit, until the bottom falls out. Irregular payments are a clear warning sign that default may be around the corner.

Credit and Collections 130

Credit and Collections Accounts Receivable (AR) Shared Service Center Small Businesses 130