Your Virtual Credit Manager

OCTOBER 3, 2023

The typical course of action on managing bad debt loss is to identify, then focus credit and collection activities on individual customers who are financially weak. These customers pose the highest risk of bad debt loss. This is a classic approach and when executed properly, it can enable a company to satisfactorily manage their credit risk. It should also facilitate maximizing revenue from customers with a higher degree of credit risk.

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Bad Debt Accounts Receivable (AR) Credit Risk Credit and Collections 130

Due

OCTOBER 3, 2023

For most business owners, there will come a time when they must decide whether they want to sell their company. If the answer is yes, a significant portion of their financial and professional future will suddenly hinge on an undertaking they’ll be doing for the very first time. And let’s be honest, there are few things in life we get right the first time.

Transactions 116

Transactions 116

TMC Financing

OCTOBER 3, 2023

This year’s trolley tour, we embarked on a journey to meet two remarkable Alameda-based businesses that have harnessed the power of the SBA 504 loan program to supercharge their. The post TMC Financing takes a Tour to Alameda via Trolley: 2023 appeared first on TMC Financing.

Small Businesses 98

Small Businesses 98

Accounting Department

OCTOBER 3, 2023

Budgeting is crucial for any business that wants to succeed in the long term. As a business owner or CFO for a small to medium-sized business, you may have experienced the challenges of creating and implementing a budget.

Small Businesses 93

Small Businesses 93

Due

OCTOBER 3, 2023

Imagine if you could access a universal formula for entrepreneurial success and personal prosperity and map out your path to success. I’m David Meltzer, a renowned $100 million CEO and entrepreneur, has distilled my experiences into seven crucial lessons that I believe are universally applicable. My insights aren’t merely suggestions for financial success; they are comprehensive guides to a fulfilling professional and personal life.

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Reorg Blog

OCTOBER 3, 2023

The post Legal Analysis: Hong Kong Court Stays Arbitration Claim, Proceedings Against China Evergrande Pending Winding Up Petition Resolution; Ensures Equal Creditor Treatment, Avoids Undermining Administration of Assets appeared first on Reorg.

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Reorg Blog

OCTOBER 3, 2023

The post Accell Inventories Swell to €1B as Over-Ordering Creates Unsold Bike Glut; Sponsor KKR Provides Up to €100M Shareholder Loan to Plug Liquidity Gap appeared first on Reorg.

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Inc. Authority

OCTOBER 3, 2023

There is no excerpt because this is a protected post. The post Protected: How to Create a Florida LLC: A Step-by-Step Do It Yourself (DIY) Guide appeared first on Inc Authority.

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Reorg Blog

OCTOBER 3, 2023

Octagon Credit Investors priced its latest new collateralized loan obligation, or CLO, on Friday, Sept. 29, and became the third manager of the week to place its senior triple-A notes at 167.5 bps, according to market sources.

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ForwardAI

OCTOBER 3, 2023

Originally published on Forbes. The turbulent waves of the global economy present an enduring test for leaders, pushing them to make sensible investment decisions amidst a sea of uncertainty. Factors such as geopolitical shifts and unanticipated global events can significantly jar financial markets, necessitating a resilient strategy that not only safeguards but also maximizes returns on investments in such unpredictable times.

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Eastern Credit Management Services

OCTOBER 3, 2023

When it comes to debt collection, businesses are faced with a critical decision. Should they handle it in-house or outsource it to a professional debt collection agency like Eastern Credit Management Services (ECMS)? Both options have their merits and drawbacks, and the choice can significantly impact a company’s financial health and resources.

Debt Collections 52

Debt Collections Third Party Collections Collector Credit and Collections 52

Credit Tools

OCTOBER 3, 2023

September - October are an opportunity to inject new energies into your business. Find out how the implementation of My DSO Manager can digitize customer relations and improve your cash flow.

DSO 52

DSO 52

Eagle Business Credit

OCTOBER 3, 2023

Customer reviews are important. The Yelp effect shows that reviews affect revenue. A one star increase on Yelp translates to about 5 to 9 percent increase of revenue. 90% of consumers read online reviews before visiting a business. And 88% of consumers trust online reviews as much as personal recommendations. Thus, it is important to respond to customer feedback and implement the necessary changes to provide the best service to your consumers.

Small Businesses 40

Small Businesses 40

Reorg Blog

OCTOBER 3, 2023

Apollo Global’s business development company, MidCap Financial Investment Corp., or MFIC, priced a new private credit collateralized loan obligation, or CLO, on Friday, Sept. 29, according to market sources. The $402.

Transactions 40

Transactions 40

Reorg Blog

OCTOBER 3, 2023

The former executives behind CBAM Partners have launched a new asset management company, Canal Road Group, in Miami, according to market sources.

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Reorg Blog

OCTOBER 3, 2023

Golub Capital Partners priced the largest CLO transaction of 2023 on Tuesday, according to market sources. The firm priced a middle market CLO, named Golub Capital Partners CLO 69(M), at a huge $1.33 billion. The CLO is $333.

Transactions 40

Transactions 40

Reorg Blog

OCTOBER 3, 2023

Anagram, a nondebtor unrestricted subsidiary of Party City, is preparing a standalone chapter 11 filing, according to sources.

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Chapter 11 40