Your Virtual Credit Manager

MARCH 19, 2024

If all your customers paid promptly — by the time the invoice was due — you would not need to do any collection work. Collections is a reactive process. The amount of collection activity with which you are tasked is directly proportional to your customers’ payment habits. (Photo by Austin Chan on Unsplash ) For most trade creditors (B2B organizations selling on open terms), the collection process is triggered shortly after a customer’s account becomes past-due.

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Bulk Transfer Credit and Collections Bankruptcy Accounts Receivable (AR) 100

Due

MARCH 19, 2024

In the fast-paced world of technology and finance, few events stir as much anticipation and speculation as the annual conference of a tech giant. This week, the spotlight is on NVIDIA, the renowned American multinational technology company. The market is buzzing with predictions, with many speculating that NVIDIA’s stock will either skyrocket or plummet by a staggering 10% by week’s end.

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Lendio

MARCH 19, 2024

Have you heard that you need to spend money to make money? It’s an oft-repeated sentiment, but it’s that “spend money” part where a lot of businesses get stuck. When you’re just getting your business idea off the ground and are pinching every last penny, accessing the capital you need to gain momentum can be a major and frustrating roadblock. Even more disheartening?

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Small Businesses Nonprofit Organizations 98

Loomis Sayles Credit Research

MARCH 19, 2024

It has been four years since the World Health Organization declared COVID-19 a pandemic and the world shut down. The spring of 2020 was a period of incredible uncertainty for hospitals across the United States as they scrambled to adapt to new protocols and immense operating and financial pressures while treating the first of many waves of COVID patients.

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Bankruptcy 70

Lendio

MARCH 19, 2024

Chinese culture is known for many things. Not only are they know for their business sense, but for their philosophy as well. So it’s no wonder that one of their most popular philosophers, Confucius, has a number of quotes related to running a business. Here are 5 of the best quotes by Confucius on running your small business: Perseverance “It does not matter how slowly you go so long as you do not stop.

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Small Businesses 98

biz2credit

MARCH 19, 2024

In this article, we cover: 1. Start With the Basics 2. Review Your Books and Bring them up to date 3. Dust off Your Marketing Strategy 4. Refresh Your Online Presence 5. Evaluate Your Technology Stack 6. Assess Your Inventory and Suppliers 7. Invest in Professional Development “Spring Cleaning” Your Way to Business Growth There’s … Continue reading "Spring Cleaning for Small Businesses: Tips to freshen your finances, strategy and more" The post Spring Cleaning for Small Businesses: Tips to

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Small Businesses 59

Reorg Blog

MARCH 19, 2024

The post Hilding Anders January EBITDA Up 37% YoY as Margins Remain Resilient but Foam Prices Expected to Rise; Askona Sale Limbo Leaves Restructuring on Ice appeared first on Reorg.

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lsq

MARCH 19, 2024

ORLANDO, Fla. (March 19, 2024) – LSQ, a leading provider of working capital finance and payments solutions, recently originated twin $2 million invoice finance facilities for sister companies serving the electric utility industry. South Carolina-based Powerhouse Resources provides staffing solutions for traditional power-generation facilities, while Florida-based Outage Solutions serves nuclear energy facilities, primarily as service experts for pumps and rotating equipment.

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Credit and Collections Bankruptcy 52

Reorg Blog

MARCH 19, 2024

Reporting: Chiara Elisei, Robert Schach Swedish debt collector Intrum has retained Houlihan Lokey as financial advisor and Milbank as legal advisor ahead of an expected balance sheet restructuring, sources and the company said.

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Collector 52

Due

MARCH 19, 2024

Real estate agents face several unique financial planning challenges and opportunities that exist within an industry that’s constantly ebbing and flowing within both the local marketplace and the larger economy. From managing irregular income streams to planning for taxes and retirement, financial planning is critical for long-term success and stability for agents who want to make long careers out of real estate.

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Reorg Blog

MARCH 19, 2024

The post Hilding Anders January EBITDA Up 37% YoY as Margins Remain Resilient but Foam Prices Expected to Rise; Askona Sale Limbo Leaves Restructuring on Ice appeared first on Reorg.

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Credit Tools

MARCH 19, 2024

If the basic principles of collection between professionals change little, their implementation is changing radically thanks to the multiple possibilities of digital technology which radically.

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Reorg Blog

MARCH 19, 2024

Intrum has retained Houlihan Lokey as financial advisor and Milbank as legal advisor ahead of an expected balance sheet restructuring.

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