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Email was never designed as an accounting tool. Using email to manage the inflow of communications and documents to/from customers and vendors may make sense on paper, but when managing multiple streams and questions from customers and vendors, email quickly outgrows its welcome for accounting teams. . Managing accounting tasks through basic email tools no longer is “simple” and in fact causes more problems than it solves.
How hard is it to get a business loan? Get your answer and see your options, from the least difficult to the most. The post How Hard Is It to Get a Business Loan? appeared first on Fast Capital 360.
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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.
The Federal Reserve is raising interest rates throughout the year in order to fight inflation. While the Federal Funds rate is specifically affecting bank to bank lending, changes to the rate typically affect interest rates for non-banking institutions as well. This means that a personal loan or business loan may increase in cost as a result of a Fed Funds rate increase.
What do underwriters look for in bank statements? Here’s what you need to apply and boost your small business’s borrowing power. The post Why Do Lenders Need Bank Statements for Business Loans? appeared first on Fast Capital 360.
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What do underwriters look for in bank statements? Here’s what you need to apply and boost your small business’s borrowing power. The post Why Do Lenders Need Bank Statements for Business Loans? appeared first on Fast Capital 360.
Embedded lending is one of the newest fintech strategies companies worldwide are putting into play for business growth. In the U.S. the embedded lending industry is projected to grow at a CAGR of 27.5% in the coming years to top nearly $200,000 million by 2029. Embedded lending offers a powerful advantage – the ability to become an all-inclusive solution for customers, making it an attractive strategy for B2B and B2C companies alike.
What’s Top-of-Mind for Revenue Cycle Leaders in 2022. August 8, 2022. Christy Wright, Chief Marketing Officer, The SSI Group, LLC. There is no doubt healthcare revenue cycle leaders have faced unprecedented challenges these past few years. As they navigate the lingering impact of the pandemic and the ever-changing regulatory and payer landscape, they are also attempting to prepare for whatever may come next.
In this article, we cover: Understanding Federal Reserve policy direction How rising interest rates impact business loan pricing How inflation impacts the profitability of recent and pending business loans Risk-based pricing to maintain demand in uncertain economic conditions. With interest rates on the rise, many banks are now beginning to pivot towards a different kind of lending strategy than the one that has characterized the last 15 years since the Great Recession.
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