Fri.Oct 25, 2024

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PRA Group Names Adrian Murphy as its Global Chief Data and Analytics Officer

RMAi Blog

NORFOLK, Va., Sept. 9, 2024 — PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, has named Adrian Murphy as its global chief data and analytics officer, effective Sept. 16. Murphy will report to PRA Group President and CEO Vik Atal and serve as a member of the senior leadership team. He will lead the continued development of cutting-edge analytic solutions to drive business growth.

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Cash Flow Loans: Explained

CreditStrong for Business

Maintaining the working capital necessary to stay on top of day-to-day expenses is a challenge that all businesses face. However, it can be particularly troublesome for companies that can’t qualify for traditional financing. Cash flow loans are more accessible than many other types of business funding, but they have some significant downsides. Here’s what you should know about them, including how they work, what you need to qualify, and when they’re a good idea.

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Improving Cash Flow for Freelancers and Small Businesses

Enterprise Recovery

Failing to manage accounts receivable can result in delayed payments, hindering the ability to pay bills, meet payroll, and reinvest in your business. For freelancers and small businesses especially, it is imperative to prioritize strategies that will help keep accounts receivable in check and improve cash flow to meet expenses. Boost the financial stability of your freelance or small business by mastering accounts receivable management for a proactive cash flow.

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What Is Business Fundability and How Does It Work?

CreditStrong for Business

As a small business owner, there’s a good chance you’ll need to secure funding at some point to reach your goals. The need for funding can be pressing from the startup phase and all the way through the life of your business. One out of four businesses cites lack of funding as an obstacle to growing their business according to the U.S. Small Business Administration.

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Controversial tactics in Ivy League admissions

Due

College admissions has become a high-stakes game with a new player entering the field, stirring up controversy and sparking heated debates. Jamie Beedon, backed by a team of Ivy League scholars, has made it his mission to shape children into the ideal Ivy League candidates. However, this potentially lucrative approach raises serious questions about its impact on children and the broader societal implications.

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How To Get a Loan To Buy a Business

CreditStrong for Business

If you’d like to finance your purchase of an existing business, here’s what you should know to give yourself the best chance of qualifying for the funding you’ll need. Step 1: Choose the Best Business Acquisition Loan for Your Needs Fortunately, you can use many different types of financing to purchase an existing company. Each of them has its own advantages and disadvantages.

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Commercial Real Estate Loan Requirements

CreditStrong for Business

Whether you’re founding a new startup or you’re looking to expand, there may come a time as a business owner when you want to buy or update a commercial property. A commercial real estate loan could be a great solution to help you accomplish those goals. Commercial real estate loans can help you secure the funds your business needs to buy commercial buildings, warehouses, undeveloped land, and even apartment complexes.

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Incora/Wesco Uptier Litigants, Debtors Agree ‘in Concept’ on ‘Plan B’ Allowing Company to Emerge While Preserving Appellate Rights

Reorg Blog

The post Incora/Wesco Uptier Litigants, Debtors Agree ‘in Concept’ on ‘Plan B’ Allowing Company to Emerge While Preserving Appellate Rights appeared first on Reorg.

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Starting A Business Checklist: 13 Key Steps To Do Before You Start

CreditStrong for Business

When a new business idea hits you, the impulse to jump headfirst into the world of entrepreneurship is exciting. But before you start selling products and services, it’s best to find out if your business idea is viable first with a little research. Once you research the market, develop a business plan to set yourself up for success. There’s also a small mountain of paperwork to complete for the legal requirements of running a business and protecting your intellectual property.

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Watch: Five customers talk payment success at GC Live

GoCardless

Hear from our customers across the globe

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The Pros and Cons of Banking with a Regional Bank

Due

Consumers often decide between national, regional, and credit unions when choosing a bank. Each type of financial institution has its own benefits and drawbacks, which can help you make an informed decision. Here, we’ll explore the pros and cons of banking with regional banks. Pros of Banking with a Regional Bank Personalized Service and Local Expertise Regional banks are known for their strong ties to the communities they serve.

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Healthcare Trends in 2025

biz2credit

The modern healthcare system is growing markedly, with an expectation to reach $819 billion in 2027, according to McKinsey. And it’s not just patients spending more money, it’s also the way that healthcare businesses run, secure and expand their operations that is causing dramatic spending. The post Healthcare Trends in 2025 published first on.

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Pillar-Based Marketing: Driving Exponential Business Growth

Due

Cutting-edge strategies are no longer just buzzwords — they are key to achieving rapid and sustainable growth. Traditional SEO methods and generic content are losing their impact, leaving businesses scrambling for innovative solutions. That’s where Pillar-Based Marketing comes in, a game-changing approach that unlocks incredible potential, maximizes visibility, and drives tangible results.

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Mitigating AI-enhanced cybersecurity risks for financial institutions

Abrigo

Helpful info for Cybersecurity Awareness Month Helping financial institutions mitigate AI-enhanced cybersecurity risks is the focus of a recent letter from the N.Y. Department of Financial Services. This article covers these key topics: Cyber threat warnings from New York State 3 Cyber risks posed by AI Strategies to mitigate AI-related cyber risks Cyber threat warnings for banks & credit unions Whether intentionally timed to coincide with Cybersecurity Awareness Month or not, the New Yor

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Garnet Capital Hires New Managing Director

RMAi Blog

Industry vet John Kirby to join Garnet’s management team Garnet Capital Advisors, a leading company in the loan sale market, is excited to announce the addition of a new member to their senior management team: John Kirby, CTPRP. This exciting new hire will be a Managing Director at Garnet, performing a variety of responsibilities and overseeing many internal projects to support growth.