Tue.Jan 30, 2024

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It's Time for a Layered Approach to Collections

Your Virtual Credit Manager

The evolution of Accounts Receivables (AR) automation has revolutionized our collection strategies. Previously, decisions were largely left to the discretion of individual collectors, resulting in subjective and inconsistent approaches. Manual collection processes centered on an aged accounts receivable trial balance (ARTB) lack the regimentation and efficiency brought about by automation.

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5 reasons your financial institution should attend the ThinkBIG 2024 conference

Abrigo

Why you'll want to register for the ThinkBIG conference Recommended by your peers at other financial institutions, the ThinkBIG conference hosted by Abrigo fosters networking and professional development. Get your ticket now for ThinkBIG, an industry-leading learning and networking event. REGISTER Takeaway 1 Banking and compliance professionals rely on ThinkBIG to elevate their understanding of industry shifts and regulatory pressures.

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iHeart Likely Can’t Address 2026 Maturity Wall

Reorg Blog

Given iHeartMedia’s $3 bn May 2026 maturity wall and current yields on its debt, there has been speculation in the market that the company may pursue a liability management transaction such as a drop-down.

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5 AI Tools to Help Your Small Business

biz2credit

Over the past year, generative AI has radically transformed the small business landscape, affecting everything from marketing to operations, to products and services. But while nearly everyone is at least aware that Artificial Intelligence (AI) is available, many small business owners are still unsure how it can help them. In this article, we will explore … Continue reading "5 AI Tools to Help Your Small Business" The post 5 AI Tools to Help Your Small Business published first on.

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KKR Increases Total Shareholder Loans to Accell to €250M; Loans Part Mature Ahead of TLB, Share Security Over Dutch Entities, Have Additional Pledge Over IP; TLB Sinks 10 Points

Reorg Blog

The post KKR Increases Total Shareholder Loans to Accell to €250M; Loans Part Mature Ahead of TLB, Share Security Over Dutch Entities, Have Additional Pledge Over IP; TLB Sinks 10 Points appeared first on Reorg.

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Credit Cards: Credit Scores Broken Down – Part 2

Credit Absolute

Video Summary & Highlights Key Points: Credit cards significantly impact your credit score (30%), making them crucial for building or damaging it. Having and properly managing 2-3 credit cards (regular & charge) is ideal for a good credit mix. Maintain a low credit card balance: below 10% is ideal, below 30% is positive, above 50% is negative.

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Credit Cards: Credit Scores Broken Down – Part 2

Credit Absolute

Video Summary & Highlights Key Points: Credit cards significantly impact your credit score (30%), making them crucial for building or damaging it. Having and properly managing 2-3 credit cards (regular & charge) is ideal for a good credit mix. Maintain a low credit card balance: below 10% is ideal, below 30% is positive, above 50% is negative.

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5 strategies to overcome patient payment complexities

Waystar

Healthcare organizations need to simplify patient payment collection — that’s how your patients see it anyway. Whether they’re buying a new refrigerator or moving into a new house, they know what they’re going to pay today, the amount, and the number of future payments. Even retailers like Amazon and PayPal are beginning to offer payment plans and easy ways to see payment plans.

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Your guide to construction invoice factoring

Credibly

Table of Contents Just what is construction invoice factoring? How does it work? The steps in factoring construction invoices Why construction companies choose invoice factoring. What can I use invoice factoring for in my construction business? What about construction receivables financing? Right fit financing—for the way you do business. Managing cash flow is a critical challenge for construction businesses, which are often impacted by payment delays that are all too common in the industry.

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Lumen’s Amended and Restated TSA Creates $500M First-Out Superpriority Debt at Lumen, Adds Limited Level 3 Guarantees to New Lumen Debt; All Term Loan Lenders Can Participate

Reorg Blog

The post Lumen’s Amended and Restated TSA Creates $500M First-Out Superpriority Debt at Lumen, Adds Limited Level 3 Guarantees to New Lumen Debt; All Term Loan Lenders Can Participate appeared first on Reorg.

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25 Must-Attend Conferences for High Growth Companies

Due

For fast-growing companies , staying ahead of the curve is more important than ever. You can do that by attending industry conferences. Attending conferences gives you a chance to learn about the latest trends, network with potential investors and partners, and get inspired The problem is, there are so many conferences to choose from — it’s hard to figure out which is right for you.

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Gol Linhas Aéreas Inteligentes Gets Go-Ahead for $350M Interim DIP Financing Draw; Debtors Say Competitor LATAM Sent ‘Disturbing Letter’ to Lessors, Warns Against ‘Poaching Assets’

Reorg Blog

The post Gol Linhas Aéreas Inteligentes Gets Go-Ahead for $350M Interim DIP Financing Draw; Debtors Say Competitor LATAM Sent ‘Disturbing Letter’ to Lessors, Warns Against ‘Poaching Assets’ appeared first on Reorg.

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What do I do?

Cpcmcredit Blog

Recently a contact asked me for samples of interesting facilities that I have completed in recent times. There are few duller posts on Linkedin and elsewhere than those from brokers boasting about this or that deal they’ve completed but there is also the risk that some readers may believe I do little more than write a blog So here goes. 1. World-wide recruitment £120m turnover This is a particularly substantial example which I have been working on for around 8 months.

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Even With Material Asset Blocker Workaround, iHeart Likely Can’t Address 2026 Maturity Wall With an Asset Drop-Down Without Significant EBITDA Improvement

Reorg Blog

The post Even With Material Asset Blocker Workaround, iHeart Likely Can’t Address 2026 Maturity Wall With an Asset Drop-Down Without Significant EBITDA Improvement appeared first on Reorg.

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Exponent Close to Acquiring Chanelle Pharma in Deal Valuing Company at More Than €300M

Reorg Blog

U.K. private equity firm Exponent is closing in on acquiring Irish pharmaceutical company Chanelle Pharma in a deal worth more than €300 million, according to The Times.

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Lumen’s Amended and Restated TSA Creates First-Out Superpriority Debt

Reorg Blog

Yesterday morning, Thursday, Jan. 25, Lumen Technologies announced that on Monday, Jan. 22, it had entered into an amended and restated transaction support agreement (the “A&R TSA”) that replaces the original transaction support agreement (the “Original TSA”) dated Oct. 31, 2023.

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Gol Linhas Aéreas Inteligentes Gets Go-Ahead for Interim DIP Financing

Reorg Blog

Judge Martin Glenn granted the Gol Linhas Aéreas Inteligentes SA debtors’ requested first day relief, including a $350 mn interim DIP financing draw.

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