Sat.Sep 03, 2022 - Fri.Sep 09, 2022

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To Finish Strong Takes Planning

Your Virtual Credit Manager

Photo by 2H Media on Unsplash Are you managing your Accounts Receivables (AR) with the end of the year in mind? Your AR and Cash balance at December 31, 2022, is a very important number. Suppliers, Lenders, and Credit Rating agencies will place substantial importance on these numbers (among others), when assessing your liquidity and overall financial str… Read more.

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How Factoring Can Help You Graduate to Bank Financing

Eagle Business Credit

When you need working capital to support your small business growth, you may apply for a bank loan or line of credit. Bank financing is desirable for a number of reasons, but often, bank financing can be just out of reach for small business owners. This is because of approval requirements for things like time in business or business credit score. Startup businesses or small businesses that have strained cash flow might not qualify for some or all of the bank financing they need.

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11 Black Friday Ideas for Small Businesses You Can’t Be Without

Beyond Capital Blog

Can your brand compete with big-box retailers? Yes, you can when using these 11 Black Friday ideas for small businesses. The post 11 Black Friday Ideas for Small Businesses You Can’t Be Without appeared first on Fast Capital 360.

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5 success strategies every Federally Qualified Health Center needs to know

Waystar

Federally Qualified Health Centers (FQHCs)  face unique challenges — such as lack of resources, limited funding and disparate workflows — which can inhibit the ability to get paid faster and more accurately.  A 2021 data analysis showed that FQHCs experienced a 26% decline in patient visits during the pandemic. Because most of an FQHC’s revenue comes from patient care, this created a particularly challenging fiscal environment for most centers.

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Rising Paper Statement Costs and the Switch to Mobile Patient Payments [Infographic]

SSI Healthcare Rev Cycle Solutions

Rising Paper Statement Costs and the Switch to Mobile Patient Payments [Infographic]. September 9, 2022. The infographic below explores what’s causing the significant increase in the cost of paper statements, and how switching to a mobile patient payment platform can positively impact your organization. Has your cost to run paper patient statements significantly increased in the past six months?

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The State of ePayables Chapter 2: Achieving AP Mastery

The Corcentric Blog

The second chapter of this report addresses the priorities, challenges, and opportunities that exist for AP teams and the AP process today and how to move forward.

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My DSO Manager: request a personalized demo!

Credit Tools

September is an opportunity to inject new energies into your business. Find out how the implementation of My DSO Manager can modernize customer relations and improve your cash flow sustainably!

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Truck Driver Appreciation Week: Get $1,000 Bonus Cash If Your Wellen Application Is Approved Through Truckstop.com

Wellen Business Credit

Nearly every aspect of daily life is made possible because a truck driver delivered essential goods safely and securely. They help to keep our critical supply chain intact and are truly what keeps our economy moving! That’s why Wellen Capital is joining businesses across the US in celebrating National Truck Driver Appreciation Week from September 11 – 17, 2022.

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Lender Tightening In the Market

StackSource

Director Chris Peters and Capital Advisor Freddy Johnson dive into the current state of lending environments and what is contributing to the changes.

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What is a Business Loan?

Lendio

A business loan allows companies to borrow money from a financial institution in order to achieve their goals, whether it’s to handle a financial emergency or spur new growth. There are many different types of financing options for your business, so it’s smart to understand how each one works and which is best for your needs. How Business Loans Work.

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Take part in the exclusive webinar on how to evaluate the performance of your business!

Credit Tools

Cash collection, credit risk management, dispute resolution, how to evaluate the performance of your company?

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Operational Excellence: Move Payroll to the Cloud

dynavistics

Achieving Operational Excellence : Moving Payroll to the Cloud. During the past couple of decades, an increasing number of business applications began moving to the cloud. Driven by a combination of lower costs, increased computing power, and faster connections, cloud-based platforms became a cost-effective way to support a growing organization. As with any emerging technology, however, there were some holdouts.

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How to Find Investors for Your Small Business

Beyond Capital Blog

The right investor can help you reach your business’s goals. Learn how to identify the best fit and find investors for your small business. The post How to Find Investors for Your Small Business appeared first on Fast Capital 360.

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Collection Process Control Best Practices: How to Improve the Control of the Collection Process

Gaviti

The collection process significantly impacts cash flow at your business. Is it any wonder financial professionals spend so much of their time monitoring and controlling it? Over time, this has led to a set of accounting control best practices. These efforts at collection control have yielded the best results for organizations around the world. Before applying them, remember that each business is different.

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Fund Your Business With a Revolving Line of Credit

Skogen Capital Lending

A revolving line of credit allows you to borrow funds and only pay interest on the amount that you borrow. If the borrowed funds are paid back before the close of the draw period, you can borrow those funds again. This is what makes it revolving. This is a great tool for small businesses that need working capital to finance growth or for ongoing operations.

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Early settlement discounts: The pros and cons

Hilton Baird

Offering early settlement discounts to customers may seem odd, but it can be financially beneficial. Discover the pros and cons. The post Early settlement discounts: The pros and cons appeared first on Hilton-Baird Collection Services.

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What Is Retainage in Construction (& Why Is It Important)?

Beyond Capital Blog

What is retainage in construction? Understanding this concept is crucial for financial planning on construction projects. The post What Is Retainage in Construction (& Why Is It Important)? appeared first on Fast Capital 360.

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Dunning Process: How Do You Know What’s Working or Not

Gaviti

When run correctly, your dunning process will capture lost revenue and ensure clients pay on time. It’s a standard accounts receivable process that every company will need to contend with at some point. Unfortunately, this is one area where many companies struggle. Although simple on paper, a dunning process can be surprisingly complex, and it’s often difficult to tell which aspects are working and which aren’t.

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Inflation’s Impact on Commercial Credit

MSCCM

With more economic issues piling up all the time, and the most extreme rate of inflation in 30 years, uncertainty is on the rise as well. Commercial credit cannot escape the effects, but it helps to have a comprehensive understanding of what those effects might be — and what they mean for B2B credit moving. Read More » The post Inflation’s Impact on Commercial Credit first appeared on MSCCM.

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Invoices always paid on time with GoCardless

GoCardless

End late payments on your invoices and always get paid on time

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