Your Virtual Credit Manager

OCTOBER 24, 2023

As with any other task, some people are better at debt collections than others. The good news. everybody can improve! This includes people who are not comfortable in a collection role, which is a common situation in smaller organizations, especially for those that doesn’t have formal credit and collections training or experience. (Photo by Jo Coenen - Studio Dries 2.6 on Unsplash ) After observing top notch collectors doing their job you might come to the conclusion that personality is cri

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Collector Credit and Collections B2B Credit Debt Collections 130

Chaser

OCTOBER 24, 2023

Late payments have become a common challenge for businesses worldwide, especially for SMEs. Research indicates that 87% of businesses are typically paid late (Chaser, 2022). These late payments can have a detrimental effect on businesses, forcing as many as 50,000 businesses in the UK alone to cease operations every year, as highlighted by the FSB. Chaser, the market-leading accounts receivable solution, is committed to helping businesses combat late payments, and by utilising Chaser's receivabl

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Accounting Department

OCTOBER 24, 2023

Managing the financial aspects of a business is a critical task that demands accuracy, expertise, and time. As your business grows, so does the complexity of your financial transactions, leaving you with less time to focus on core operations.

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Transactions Small Businesses 89

Loomis Sayles Credit Research

OCTOBER 24, 2023

We believe corporate health is on the mend. The latest results from the CANDIs , [i] proprietary diffusion indices that incorporate the views of our corporate credit analysts, indicate that aggregate corporate health is broadly improving and approaching neutral levels. Our analysts currently see positive trends in pricing power, profit margins, and their overall outlook, up from weak levels six months ago.

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Credit Risk 67

Reorg Blog

OCTOBER 24, 2023

Stonegate Pubs has had its ups and downs lately. Just as it was recovering from the effects of the Covid crisis, it was hit by a rainy summer in 2023 punctuated by train strikes and high energy costs - not a good thing for the hospitality industry. The group recently announced its results, with revenue in the 40-week period ended July 2 up 7.9% from the same period a year earlier.

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Due

OCTOBER 24, 2023

October 24, 2023 – Stock analysis of Microsoft and Google earnings report Are you nervous? You should be. Your two favorite children are bringing home their report cards after school today. Earlier this year, one of those two report cards was so good you gave that child an extra 150 billion in allowance on the spot. You guessed it. That child was Microsoft.

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Onguard

OCTOBER 24, 2023

After months of hard work on the Visma Application Security Programme (VASP), we achieved a Platinum security status for the latest version of our credit management solution CreditManager in August 2023. This proves that our security meets Visma’s highest security standards. This is obviously an achievement we are incredibly proud of. We talked to our CTO, Tim Blok , about what exactly this security standard means, for both Onguard and our customers, how the process went and what the futur

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Credit Management 52

Reorg Blog

OCTOBER 24, 2023

The Cook & Boardman Group’s debut in the syndicated debt markets with a $500 million term loan to partly fund the commercial door, frame and hardware distributor’s acquisition by Platinum Equity from Littlejohn has been met with lukewarm responses.

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TMC Financing

OCTOBER 24, 2023

Since launching Southwest Barricades in 2006, owner John Zyadet’s business has grown to include several hundred employees – and now, with the help of TMC Financing and the SBA 504. The post Southwest Barricades: TMC Financing and an SBA 504 Loan Help Secure the Ideal Property appeared first on TMC Financing.

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Small Businesses 52

Due

OCTOBER 24, 2023

When you invest your money , you expect it to yield a profit. This can take the form of dividends , interest, or capital appreciation. Stocks, bonds, real estate, and mutual funds are all types of investments. That’s all well and good. But, why do you even bother with investing? Investing has a variety of benefits, including: Grows your wealth over time.

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Reorg Blog

OCTOBER 24, 2023

Relevant Documents:Stonegate Q3 ‘23 ReportStonegate Q3 ‘23 Results PresentationStonegate 2025 Notes OMUnique Securitization OM Stonegate Pubs has had its ups and downs lately.

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Due

OCTOBER 24, 2023

For some investors, cryptocurrency is a long-term hold and a store of value. It’s also seen by some as a way to play the market and potentially make a huge profit. For others, it’s merely an alternative investment that’s a worthy, if small addition to a well-diversified portfolio of financial assets. No matter your philosophy on crypto or your approach to investing in it, you can recognize that crypto markets tend to get bumpy during periods of economic tumult.

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Credit and Collections Transactions 52

Cpcmcredit Blog

OCTOBER 24, 2023

I have refrained from expressing my opinions on Vash i (Diamond manufacturers ltd) and their collapse but suffice to say that a look at their filed accounts and the record of their subsequent issues with creditors claims, demonstrated an alarming picture Why was this? Anyone looking at the last file accounts now would see a healthy picture and as ever certain credit agencies actually gave the business a good rating.

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Reorg Blog

OCTOBER 24, 2023

Akumin Inc., a Plantation and several affiliates filed for chapter 11 on Sunday, Oct. 22, in the bankruptcy court for Southern District of Texas.

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Chapter 11 Bankruptcy 59

Inc. Authority

OCTOBER 24, 2023

Creating a Limited Liability Company (LLC) in California offers various benefits, such as limited liability protection, pass-through taxation, and flexible management options. Here’s a step-by-step guide to help you create a California LLC: Save Time, Save Money, Why Risk it … Continue reading → The post How to Create a California LLC: A Step-by-Step Do It Yourself (DIY) Guide appeared first on Inc Authority.

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Reorg Blog

OCTOBER 24, 2023

Smart Global Holdings reported adjusted EBITDA for its 2023 fiscal year (ended Aug. 25, 2023) of $209 mn, up from $199 mn the prior year.

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Reorg Blog

OCTOBER 24, 2023

China’s sovereign wealth fund bought exchange-traded funds on Monday, expanding its purchases beyond bank shares as authorities step up attempts to boost the country’s slumping stock market.

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Reorg Blog

OCTOBER 24, 2023

Travelport reported today that its cash balance fell by $38 mn to $17 mn in September from $55 mn in August, according to sources.

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Reorg Blog

OCTOBER 24, 2023

High-yield bond market participants are pushing back on key terms for an almost $2 bn offering of PIK notes.

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