Tue.Nov 21, 2023

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Foster Faster Collections with Effective Reminders

Your Virtual Credit Manager

For most small businesses, collections are reactive. When a customer goes past due, they then go into action — typically with a call, though it is also likely that unless a sizeable amount is involved a call is not made right away. In the meantime, routine collections are driven by passive activities, often just a monthly statement. It’s an improvement when statements are backed up by written notices.

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Do Joint Credit Cards Affect Both Spouse’s Credit?

Credit Absolute

Getting married can help boost your financial standing, but it doesn’t mean that you and your spouse will share a credit report. Your credit reports will remain separate, and any joint accounts and shared loans you open together will appear on both of your reports. While this can be beneficial, it’s important to keep in […] The post Do Joint Credit Cards Affect Both Spouse’s Credit?

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Avalara Tax Solutions for Manufacturing Businesses

Accounting Department

The landscape of tax legislation is constantly evolving, and clients are undoubtedly experiencing its impact. Even in the best of times, manufacturers face distinctive challenges when it comes to sales and use tax.

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VNET’s Equity Issuance to Shandong Hi-Speed

Reorg Blog

The $299 mn equity investment from two entities beneficially owned by Shandong Hi-Speed Holdings Group Limited increases the likelihood that VNET Group Inc.’s $600 mn zero coupon convertibles will be redeemed on Feb.

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Do Joint Credit Cards Affect Both Spouse’s Credit?

Credit Absolute

Getting married can help boost your financial standing, but it doesn’t mean that you and your spouse will share a credit report. Your credit reports will remain separate, and any joint accounts and shared loans you open together will appear on both of your reports. While this can be beneficial, it’s important to keep in […] The post Do Joint Credit Cards Affect Both Spouse’s Credit?

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Goa International Airports Raises INR 24.75 B

Reorg Blog

GMR Goa International Airport Ltd., a subsidiary of GMR Airports Infrastructure Ltd., has raised INR 24.75 bn through senior, unsecured, listed, rated, redeemable non-convertible debentures, or NCDs, carrying a coupon of 10% to be paid quarterly.

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What are Maximum SBA Loan Amounts?

Lendio

Small Business Administration (SBA) loans are a popular financing option for small businesses. These loans offer affordable interest rates and flexible terms, making them an attractive choice for entrepreneurs looking to start or expand their business. However, like any loan, there are limits on how much money you can borrow through the SBA program.

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How to Analyze and Improve Your AP Turnover Ratio

The Corcentric Blog

How to Improve Your AP Turnover Ratio and Strengthen Your Relationship with Suppliers We all strive to have healthy relationships, and for a company, how good or bad a relationship is with its suppliers is dependent on how financially healthy the business is. In an economic environment where suppliers are in power to decide whom they want to do business with, it is critical to maintain a strong supplier relationship.

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52-Week Money Challenge: A Year of Savings

Due

Financial well-being depends on saving money, which offers numerous benefits that contribute to a fulfilling and secure life. A few of the reasons why saving is so important are as follows: Financial security. In the event of an emergency, such as loss of employment, medical expenses, or car repairs, savings can provide a safety net. Financial cushioning can help you avoid debt or reliance on credit cards that can further strain your finances.

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Four Burning Questions About AI in Finance and Credit – Answered

Emagia

As a longtime leader in the AI-based order-to-cash solutions industry, conferences around the world ask for Emagia representatives to appear and speak Artificial Intelligence, automation, and GenAI in finance. Most recently that meant talking with a group of leaders in the B2B credit industry as part of NACM South Central’s annual “Day at the Races” event in Louisville, KY.

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Analysis: VNET’s Equity Issuance to Shandong Hi-Speed Raises Likelihood of $600M Convertibles Feb’24 Put Redemption; Fundamental Change Provision Considered in Light of Voting Arrangements; FY’24e FCF Negative From High Capex, Projected Liquidity Shortfall Up to CNY 1B

Reorg Blog

The post Analysis: VNET’s Equity Issuance to Shandong Hi-Speed Raises Likelihood of $600M Convertibles Feb’24 Put Redemption; Fundamental Change Provision Considered in Light of Voting Arrangements; FY’24e FCF Negative From High Capex, Projected Liquidity Shortfall Up to CNY 1B appeared first on Reorg.

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UPDATE 1: GMR Airports Raises INR 19B By Private Placement NCDs; Deutsche Bank, JPMorgan, Varde Among Investors

Reorg Blog

UPDATE 1: 9:02 a.m. ET 11/16/2023: GMR Airports Ltd., or GAL, today, Nov. 16, has raised around INR 19 billion ($240.59 million) through a private placement of three-year non-convertible debentures, or NCDs, said two sources familiar with the matter.

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GMR Airports Raises INR 19B By Private Placement NCDs

Reorg Blog

GMR Airports Ltd. has raised around INR 19 billion ($240.59 million) through a private placement of three-year non-convertible debentures.

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UPDATE 1:  Goa International Airports Raises INR 24.75 B through Unsecured 20-year NCDs 

Reorg Blog

UPDATE 1: 2:48 a.m. ET 11/17/2023: GMR Goa International Airport Ltd., a subsidiary of GMR Airports Infrastructure Ltd., has raised INR 24.75 billion ($297.

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