RMAi Blog

AUGUST 22, 2024

MINNETONKA, MN – Central Portfolio Control , a professional collection agency located near the Twin Cities of Minnesota, recently took a team outing to support Time on the Water , a charity event to thank Military, first responders, and health care professionals for their sacrifices. Time on the Water provides an all-expenses-paid five-day fishing trip to Lake of the Woods near Sioux Narrows, Ontario to support sponsored local heroes. “Central Portfolio Control is deeply honored to s

147

147

TreviPay

AUGUST 20, 2024

User Centricity at TreviPay TreviPay takes a user-centric approach to product creation. We focus on creating and improving the user experiences to make products easier, faster and smarter for our end users. Understanding the customer, merchant and client point of view is our primary method of improving the overall user experience. We use multiple types of UX research methods to understand the end user’s goals, needs and pain points.

105

105

Due

AUGUST 23, 2024

Two former presidents of the Boilermakers International Union have been involved in a $20M indictment. A federal grand jury in the state of Kansas indicted the former presidents alongside seven individuals from the International Brotherhood of Boilermakers, Iron Ship Builders, Blacksmith, Forgers and Helpers (Boilermakers Union). District Director Christiane Abendroth of the Department of Labor’s Office of Labor-Management Standards (OLMS) was stark in their review of the court proceedings.

98

98

Lendio

AUGUST 23, 2024

Okay, so you have bad credit or little credit history and you’re trying to open a business credit card account for your small business… Plenty of successful business owners have launched their companies with bad credit. Here, we take a look at the best business credit cards for bad credit—factoring in terms, rewards, fees, and availability. What is a “bad” credit score?

Small Businesses 98

Small Businesses Credit Scoring Deductions 98

RMAi Blog

AUGUST 22, 2024

Staying ahead of the curve is crucial for businesses to thrive. The journey of the Receivables Management Association International (RMAI) and its Receivables Management Certification Program (RMCP) is a testament to the commitment of the industry to professionalism and excellence. Looking back over the last 12 years since the inception of the RMCP, the RMAI provides valuable insights into the certification program as well as the broader industry landscape.

Law Firms 147

Law Firms Credit and Collections Debt Collections Transactions 147

CreditStrong for Business

AUGUST 21, 2024

Whether you’re looking to cover a short-term supply purchase or you’re financing a long-term expansion, there’s a business loan that can help you through it. You likely already have a specific number in mind, but you’re not exactly sure if you’ll get approved for it. When setting your company up for success, choosing the right type of loan is essential to getting the funding amount you need.

Credit Scoring 98

Credit Scoring Credit Unions Small Businesses Invoice Amount 98

Abrigo

AUGUST 19, 2024

A strong BSA prog r am starts with FFIEC compliance Building a robust BSA program means having access to the staffing and resources you need. Learn how the FFIEC manual can help you make the case for more resources to your board. You might also like this podcast, "Ensuring access to the FFIEC’s suitable resources at your financial institution: What BSA compliance officers need to know.

CECL 78

CECL Credit Unions Credit Risk Transactions 78

RMAi Blog

AUGUST 19, 2024

Committed to Making a Positive Impact in Our Community Rochester, N.Y. – August 19, 2024 – Continental Service Group, LLC d/b/a ConServe, in conjunction with the company’s “Matching Gift Program”, donated its July ConServe Cares proceeds to Action for a Better Community. The ConServe team supports and funds the efforts of numerous local non-profit agencies that strive to make a difference.

130

130

Credit Management Group UK

AUGUST 19, 2024

Collection letters can be an extremely useful tool to collect payment, as they tend to carry more weight than emails alone. The key to a successful outcome is in writing effective collection letters that make your customers take notice. The tricks for effective collection letters: Letters should be incorporated into structured collections strategy You will most likely have different collection strategies for each client depending on their risk level.

Credit and Collections 90

Credit and Collections Credit Management 90

Enterprise Recovery

AUGUST 23, 2024

Credit management is a vital aspect of financial health for any business, influencing cash flow, profitability, and overall stability. Effective credit management ensures a company can meet its obligations to suppliers, employees, and creditors while maintaining the liquidity necessary for day-to-day operations. Let's explore how strategic credit management can propel your business toward sustained success and stability.

Credit Management 86

Credit Management Debt Collections 86

Accounting Department

AUGUST 19, 2024

Since its establishment in 2015, Rewind has been dedicated to empowering businesses to safeguard their valuable SaaS and cloud data. With an impressive customer base of over 100,000 across 100 countries, Rewind's highly acclaimed apps and unwavering support have become the go-to solution for ensuring the uninterrupted operation of software-as-a-service applications.

Small Businesses 83

Small Businesses 83

biz2credit

AUGUST 22, 2024

Disclaimer: Information in the Business Financing Blog is provided for general information only, does not constitute financial advice, and does not necessarily describe Biz2Credit commercial financing products. In fact, information in the Business Financing Blog often covers financial products that Biz2Credit does not currently offer. When you’re trying to start or grow a small business, … Continue reading "6 Effective Strategies for Repaying Business Loans" The post 6 Effective Strategi

Small Businesses 64

Small Businesses 64

Reorg Blog

AUGUST 21, 2024

Reporting: Jihye Hwang German flexographic and letterpress products supplier XSYS is preparing to bring a substantial add-on loan transaction in September, according to sources.

Transactions 52

Transactions 52

CreditStrong for Business

AUGUST 23, 2024

While there is no universally accepted “minimum credit score” for buying a home, home buyers with a score below 620 will find it very hard to qualify for a mortgage. Each loan program and lender has its own accepted minimums. We’ll dive into many of those options below. What is the Minimum Credit Score for the First Time Home Buyer? There is no formal standard minimum credit score for buying a house using a conventional mortgage loan.

Credit Scoring 52

Credit Scoring Credit Unions 52

NorthOne

AUGUST 23, 2024

We’re thrilled to share some exciting news that will make managing your finances even easier: Inbound wire transfers are now free for all North One customers. And the best part? There’s. The post Inbound Wire Transfers Are Now Free for North One Customers appeared first on North One Blog.

52

52

Due

AUGUST 23, 2024

Three men from Florida have pleaded guilty to an elaborate tax-refund scheme that attempted to defraud the IRS. Christopher Johnson and Jasen Harvey pleaded guilty to conspiring to defraud the United States. This added to the guilty plea of Arthur Grimes on April 2 to obstructing the IRS in connection with the same tax scheme. Three Florida men plead guilty to millions of dollars of tax fraud The announcement of the guilty plea was made by Acting Deputy Assistant Attorney General Stuart M.

52

52

Grit

AUGUST 22, 2024

Launching a new product is a critical moment for any eCommerce business. A well-executed product launch campaign can significantly boost sales, increase brand awareness, and establish a product’s position in the market. This blog will guide you through creating a successful product launch campaign using BigCommerce, emphasizing the platform’s features that make it ideal for launching new products.

52

52

CreditStrong for Business

AUGUST 23, 2024

The Department of Veterans Affairs (VA) offers many benefits to military service members. Prominent among them is the VA home loan, which is one of the ways the department promotes homeownership among veterans and their families. VA loans have advantages over other mortgage types, including a 0% down payment loan option with no mortgage insurance premium.

Credit Scoring 52

Credit Scoring Chapter 7 Bankruptcy Default 52

Lendio

AUGUST 22, 2024

It doesn’t matter whether you operate a B2C retail location or a B2B consulting company, customers tend to like flexibility when it comes to paying, which often means paying on credit. A merchant account can give you the tools needed to accept and reconcile different types of payments more efficiently. Merchant accounts can often get confused with payment processing—which is only part of the merchant process.

Small Businesses 52

Small Businesses Credit Card Payments Transactions Credit Card Companies 52

Due

AUGUST 23, 2024

The familiar phrase “school’s out for summer” often brings about student cheers and sighs of relief from teachers. It marks the end of an academic year and the start of a period of relaxation, exploration, and freedom. However, the implications of this annual tradition are far more profound than they initially appear. This article delves into the multifaceted impact of summer break on education, students, teachers, and society at large.

52

52

JNI Commercial Lending

AUGUST 22, 2024

Flipping properties can be a lucrative venture, but it often comes with its own set of financial challenges. For real estate investors, property flippers, and small business owners, securing quick and effective financing is crucial to success. Enter bridge loans—a powerful tool designed to expedite the flipping process. If you’ve never used a bridge loan […] The post Speed Up Your Property Flips with Bridge Loans appeared first on JNI Commercial Lending.

Small Businesses 52

Small Businesses 52

CreditStrong for Business

AUGUST 23, 2024

You can get an auto loan with a credit score of 600. You will pay a higher interest rate than a borrower with excellent credit, but you will still be approved. Many car lenders classify a borrower with a 600 credit score and below as “subprime” and a borrower with a score of 601 or above as “non-prime”. Getting on the upper side of that line can make a big difference.

Credit Scoring 52

Credit Scoring Credit Unions Default 52

aptic

AUGUST 22, 2024

As the digital landscape evolves, so too does the need for robust cybersecurity measures. With the imminent implementation of the NIS2 Directive, the financial technology sector is poised for significant transformation. The NIS2 Directive, slated to come into effect on 18th October 2024, represents a pivotal moment in cybersecurity regulation within the European Union.

Cybersecurity 52

Cybersecurity Debt Collections 52

Due

AUGUST 23, 2024

The back-to-school season is a time of excitement and anticipation for children and parents alike. The thrill of new beginnings, the joy of reconnecting with friends, and the promise of new learning opportunities are all part of this special time. However, this season also brings with it the financial burden of purchasing school supplies, clothing, and other necessities.

52

52

Chaser

AUGUST 22, 2024

Dunning is the process of asking your customers for the money they owe you. This might seem like a simple enough part of the accounts receivable (AR) process, however, with 87% of businesses being paid late on a regular basis, it seems just getting paid is one of the major struggles that companies face.

Accounts Receivable (AR) 52

Accounts Receivable (AR) 52

CreditStrong for Business

AUGUST 23, 2024

A good business credit report can be a valuable asset. Keep reading to learn more about how business credit reports work, who creates them, and the information included in these important but poorly understood reports. What Is a Business Credit Report? A business credit report is a summary containing a variety of important information about your company — especially how your business manages its financial obligations.

Credit Reporting Agencies 52

Credit Reporting Agencies Credit Scoring Credit and Collections Bankruptcy 52

Grit

AUGUST 21, 2024

Email marketing remains one of the most powerful tools for engaging with customers, promoting products, and encouraging repeat business. For businesses using BigCommerce, an efficient email management system is essential to maximize the potential of email marketing campaigns. This blog will explore the importance of the BigCommerce email management system , how it supports businesses in their marketing efforts, and the benefits it offers to eCommerce merchants.

Dashboards 52

Dashboards 52

Due

AUGUST 23, 2024

Planning for retirement requires understanding shifting trends and taking advantage of the tools available. Many worry about having enough money to retire and enjoy their golden years. Some tech tools will increase your savings and make decisions more intuitive. Using tech tools to plan your retirement means you can meet with advisors anywhere without traveling to them.

Investment Firms 52

Investment Firms Credit and Collections Credit Scoring Credit Management 52

lsq

AUGUST 21, 2024

Discover the key strategies and results of Ecobat’s partnership with LSQ. In today’s competitive environmental services industry, efficient financial management and strong supplier relationships are crucial for success. Ecobat, a leading environmental services provider, recognized these needs and partnered with LSQ, experts in working capital solutions, to revolutionize their financial operations.

Cybersecurity 52

Cybersecurity Transactions 52

CreditStrong for Business

AUGUST 23, 2024

Small business owners looking for a way to finance and organize purchases will want to know how to get a business credit card. In addition to having the application information ready in advance, you’ll want to know how both personal credit and business credit scores are considered for approval. Business Credit Card Requirements: Legal Name of the Business and its Contact Information When filling out a small business credit card application, the first thing they may ask is the business name.

Credit Scoring 52

Credit Scoring Credit and Collections Credit Reporting Agencies Small Businesses 52