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Make no mistake, the healthcare industry is rife for new entries across a wide span of verticals and corporate America has taken note. This is due to the cost burden crushing consumers and employers alike; and is a natural extension of the increased consumerism patients have been exhibiting for years. The image below does a great job highlighting just what makes the marketplace so appealing to the largest corporations: Image Source: CBINSIGHTS, “The Big Tech in H
In today’s economy, it is essential to be able to allocate credit where it is needed most. This means that businesses need to have accurate and up-to-date information about their customers’ creditworthiness. While nearly 60% of U.S.-based B2B sales are paid using customer credit, knowing how much credit to extend and to which customers is of dire importance.
Using the OCC Interest Rate Risk stats for asset/liability management models Financial institutions can use statistics in the OCC Interest Rate Risk Reports to gauge whether their bank is an outlier on the risk scale. You might also like this webinar, "Banking in a rising-rate environment." WATCH . Takeaway 1 Comparing the OCC's latest Interest Rate Risk Report and the one from 2019 provides a valuable look at interest rate risk variables. .
You need an additional piece of equipment for your business and you think you want to purchase used equipment. Now what do you do? Evaluate your business needs. Consider the potential risks. Determine from whom you will buy. Obtain an equipment inspection. Arrange logistics. Look out for red flags. Coordinate payment.
Your past-due accounts are growing, cash flow is tightening, and the pressure is on. The big question: Do you handle the collections internally or outsource to experts? Both strategies come with advantages and risks - but which one delivers the best impact for your business? In this session we’ll dive deep into the in-house vs. outsourcing debate, examining cost-effectiveness, efficiency, compliance risks, and overall recovery success rates.
When applying for a loan for the first time, collateral is a must. Find out how much collateral your business needs, in the form of cash or other assets, in this how-to guide. The post What Is Business Collateral? appeared first on Fast Capital 360.
With inflation discussions dominating the conversation today, it is more important than ever to decrease your days sales outstanding (DSO). This not only increases your cash flow but reduces the risk across your business. One way to help ensure more customers pay on time (or sooner) is to increase the payment methods available to your customers. And choosing the right payment service can be complicated, especially when the options come with so many different terms.
Strong demand is a factor in the ag lending outlook ahead Ag lenders can begin taking steps to ensure they are prepared and can provide positive customer or member experiences. You might also like this webinar, "How to Position Yourself for High-Yielding Ag Loan Growth." WATCH. Takeaway 1 The economic and financial outlook for U.S. farmers is even more unpredictable than in recent years.
There are 25 business expenses all entrepreneurs have to handle. Check out the list and see if they count as business tax deductions. The post The Most Common Types of Business Expenses (Plus Which Are Tax-Deductible) appeared first on Fast Capital 360.
Businesses rely on many types of funding to improve cash flow and keep growing their operations. One of these funding types is called trade credit, a form of vendor financing that gives customers more time to pay for their orders. Learn more about how trade credit works and what benefits it offers companies of all sizes. What Is Trade Credit? When you purchase something from a vendor, you may be given additional time to pay instead of processing your payment upon the point of sale.
Economic uncertainty has been rampant these past few years. First the pandemic, then the Suez Canal, a cascade of other supply chain issues, the Russia-Ukraine war, inflation, and now, the looming threat of recession. Current events are wreaking havoc throughout business and industry, so what’s the impact on commercial credit? Supply chain disruption Most industries.
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Bridge financing serves as a “bridge” between your immediate need for capital and a long-term financing solution. With it, you can address cash flow emergencies and seize business opportunities. The post How Commercial Bridge Loans Work (and How They Can Benefit Your Small Business) appeared first on Fast Capital 360.
Business rules are new for you? In this blog post you will find answers to your questions about business rules. The FAQ provides helpful explanations for anyone who wants to dig into the topic.
Over 20 New Email Templates to Save You Time. Lockstep Inbox has seen some fantastic updates since launching in May. It’s been a great success so far, and we’ve received quite a lot of positive feedback from users. One of our most popular recent additions to the free shared inbox platform is our pre-populated templates. Since its launch, Lockstep Inbox has added 12 new accounts receivable (AR) templates and 12 new accounts payable (AP) templates, respectively.
What Will Auditors and Regulators Expect with CECL Accounting? A panel of CECL accounting experts described how auditors and regulators are viewing various aspects of implementation. . You might also like this webinar, "Calibrating the loss experience to economic conditions." WATCH. Takeaway 1 CECL accounting experts shared audit and regulatory expectations based on their work with financial institutions.
Completing a SBA Form 1919 is required for business owners applying for an SBA 7(a) loan. Learn more about this form and how best to complete it. The post All About the SBA Form 1919 (Plus, How to Fill One Out) appeared first on Fast Capital 360.
Building your business requires capital, and even if you’ve been running a successful business for a few years, financing can play a major role in covering your company’s working capital needs. If you’ve been working on building business credit through tier 1 business credit vendors , net 30 accounts , and business credit cards, you may now have the opportunity to open credit accounts with tier 2 business credit vendors.
As touched in Part 1 , adaptive design requires an understanding of viewports and their pixel layouts. In this article, we explore how adaptive design works, what is adaptive coefficient and how to calculate adaptive coefficient for an application. What is Adaptive Coefficient and Adaptive Design? Here, we use relative styling unit REM to style elements.
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