Credit Research Foundation

NOVEMBER 15, 2024

For over 75 years the Credit Research Foundation (CRF) has supported Credit Executives in the business-to-business (B2B) world based on two primary principles: (1) provide quality, comprehensive education from “the basics” to the senior credit executive level, and (2) provide an atmosphere that fosters networking with like-minded individuals – the most influential credit and risk management professionals in the industry.

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RMAi Blog

NOVEMBER 15, 2024

A recent issue has arisen pertaining to objections to Proof of Claims in bankruptcy cases filed in the Western District of North Carolina. RMAI recommends that our members consult with their legal counsel on how best to address the issue as it pertains to their organizations. Specifically, there has been an increase in the number of objections to claims being filed in cases where there is a joint bankruptcy and particularly in cases where the property is held by the tenancy in the entireties.

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Bankruptcy 130

Enterprise Recovery

NOVEMBER 15, 2024

Following up on past-due invoices and delinquent accounts can be a full-time job. However, it is invaluable to your business's bottom line. If you're considering outsourcing debt collections or handling them in-house, this post can help clarify the benefits of outsourcing. Outsourcing B2B debt collection can transform your financial operations by bringing in expertise, reducing costs, and freeing up valuable internal resources.

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Due

NOVEMBER 15, 2024

It’s not easy managing money. I know this first-hand because I used to struggle with my finances. Despite how embarrassing it is, as I admit it now, I racked up nearly $30,000 in debt and made poor financial decisions after poor financial decisions. At the time, I didn’t realize how much my choices were limiting me. Now, looking back, I wonder, What was I thinking?

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Credit Tools

NOVEMBER 15, 2024

We are thrilled to share an exclusive interview with Scarlett Favre-Verand, the CEO of Efficash, a consulting firm specializing in credit management. In this captivating conversation, Scarlett takes.

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Credit Management 52

Chaser

NOVEMBER 15, 2024

Over 50% of B2B invoiced sales in the US are paid late, impacting the cash flow of businesses of all scales. A demand letter for payment is a simple way to resolve these kinds of payment despites and get the money you are owed.

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Due

NOVEMBER 15, 2024

Elon Musk, widely recognized as a prominent innovator of our era, has made significant strides in various industries through his companies. His ventures include Tesla, which has popularized electric vehicles; SpaceX, aiming to facilitate human travel to Mars; and The Boring Company, which focuses on improving transportation infrastructure. Musk’s hands-on approach is evident in his commitment to solving problems, as demonstrated by his decision to sleep on the factory floor when Tesla face

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CreditStrong for Business

NOVEMBER 15, 2024

As a small business owner, obtaining capital for your business is a top priority. But not all business loans are created equal in terms of what they’re designed to help you do. If you’re looking to purchase equipment to run your business, equipment financing is your best option. Here’s what to know about what equipment financing is, how it works, how much it costs, and the pros and cons to consider before you apply.

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CreditStrong for Business

NOVEMBER 15, 2024

Borrowers with an existing auto loan may need another vehicle. Usually this involves a second car loan. For example, you might have a spouse or child that needs a vehicle and has poor credit or a very limited credit history and is unlikely to qualify for auto loan approval from a lender. Can I Get a Second Car Loan if I Already Have One? Yes. Consumers may obtain a second car loan, but depending on various factors it can be more difficult to be approved for the additional auto financing.

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CreditStrong for Business

NOVEMBER 15, 2024

The short answer to this pressing question is yes. When you pay off your car loan early, you save money in interest compared to if you had continued paying for the full loan term. The amount you save will depend on a few different factors, such as your loan type and what your auto financing contract includes. There might also be some lesser-known disadvantages to paying off your loan early.

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CreditStrong for Business

NOVEMBER 15, 2024

Whether you’re a seasoned investor or new to real estate investing, you’re sure to hear about hard money loans at some point in your investment journey. Hard money loans offer an easier way to borrow money for some investment property purchases. Of course, there are also some significant downsides to hard money loans that you need to consider with care.

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CreditStrong for Business

NOVEMBER 15, 2024

If you’re interested in becoming a landlord or buying a home and flipping it for a profit, an investment property loan could help you achieve your goals. But if you’re investing in real estate for the first time, you might be worried that this type of financing is hard to get. It’s true that you may need to jump through more hoops to access loans for real estate investment.

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