Mon.Dec 02, 2024

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Rental Conversions & RPO Financing | CCG

Commercial Credit Group

When it comes to obtaining equipment for your growing business, you have some options for procurement - rent, buy, or rent with an option to purchase (typically known as a rental purchase option or RPO). Oftentimes companies aren't sure of a long-term need for equipment, or sometimes they don't have cash on hand for a down payment, so renting is the best option.

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Holiday check fraud: Protecting customers and financial institutions

Abrigo

This article covers these key topics: Holiday risks: Thieves target checks in the mail Financial institutions can educate customers about holiday check fraud A staff refresher on check fraud red flags will help Check fraud detection software, collaboration, and reporting are crucial Check fraud risks during the holiday season Holiday check fraud puts financial institutions and their customers or members at risk.

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$55.1M settlement for company overcharging the United States

Due

Gen Digital Inc. (previously registered as Symantec Corp.) is the subject of a $55.1M court settlement for overcharging the United States government. The resolution to settle False Claims Act (FCA) allegations against the Tempe, Arizona-based company was achieved through a coordinated effort of law enforcement and government regulators. The Civil Division’s Commercial Litigation Branch, Fraud Section, and the U.S.

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LSQ Creates $30MM AR Finance Facility for NY-based Staffing Firm

lsq

ORLANDO, Fla. (December 2, 2024) – LSQ, a leading provider of working capital and payments management solutions, recently originated a $30 million accounts receivable credit facility for a New York-based staffing company. As part of the partnership, LSQ will also provide the company with comprehensive accounts receivable and customer credit management.

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Oklahoma employer hit with $72k federal breach fine

Due

The federal government has fined an Oklahoma farm owner and retail employer $72k for breaching employment regulations for twenty staff. The Sod farm operator and landscaping retailer Rob’s Sod Inc. and Cook’s Farmland Enterprises LLC were given the judgment after court proceedings in the U.S. District Court for the Northern District of Oklahoma. Robert K.

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Bill of Lading: Everything You Need to Know for Seamless Shipping

Emagia

A Bill of Lading (BOL) is one of the most crucial documents in the shipping and logistics industry. Whether you’re a business owner, a logistics manager, or simply someone curious about international trade, understanding this document is essential for smooth operations. Now, we’ll explore what Bill of Lading is, its types, components, and frequently asked questions to help you grasp its significance in global commerce.

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Cash in Advance (CIA): A Practical Guide for Businesses

Emagia

Cash in Advance (CIA) is a payment term commonly used in high-risk transactions. It ensures that sellers to receive payment before shipping the goods or delivering services. For businesses, understanding how CIA works and its implications can be crucial for financial stability and risk management. What is Cash in Advance (CIA)? Cash in Advance is a payment arrangement where the buyer pays for goods or services upfront, before the seller fulfills the order.

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Best 39 Retirement Gifts for Women That They Will Love

Due

It’s the end of the year, and someone in your office will likely be retiring. Retirement is one of the most important milestones in life, and it deserves a memorable celebration. What would be a better way to celebrate than with a personalized, practical, or indulgent gift? Purchase something on your own, or get the whole office to chip in. When it comes to finding the perfect retirement gift , though, whether it’s for your mom, best friend, coworker, or boss — the options are

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Understanding the “Bill To” Concept: A Crucial Component of Invoicing

Emagia

In the world of finance and business transactions, the term “Bill To” plays a pivotal role in ensuring seamless payment processes. Whether you’re a business owner, an accountant, or someone handling invoices, understanding this element is essential for accuracy and efficiency in financial operations. What Does “Bill To” Mean?

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Analysis of Trump’s Tax Policy Proposals and Their Economic Impact

Due

A comprehensive review of Donald Trump’s proposed tax policies reveals significant changes to the American tax system, with varying impacts across different income levels. While the proposals promise tax relief for all Americans, the distribution of benefits shows a notable skew toward higher-income earners. Key Tax Policy Extensions The cornerstone of the proposed tax changes centers on extending the Tax Cuts and Jobs Act (TCJA).

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Understanding the “Ship To” Process in Business Transactions

Emagia

Efficient shipping practices are the backbone of successful business operations, ensuring that goods reach their intended destinations accurately and on time. One crucial term often encountered in the shipping and logistics industry is “Ship To.” This blog explores its meaning, significance, and how it streamlines order fulfillment. What Does “Ship To” Mean?