article thumbnail

Factoring: New Regulations Bring A Revolutionary Change in MSME’s Business

MNS Credit Management Group

Factors are obligated to register the details of every transaction or assignment of receivables in their favor under the Act. If they fail to do so, the company and each officer who fails to comply may be fined up to 5,000 rupees each day until the default is resolved. The bill eliminates the 30-day time limit.

article thumbnail

How to Unlock the Power of Hyper-Personalization

FICO Blog

They’re creating tailored payment alternatives to keep customers in their vehicles, instead of letting defaults fester and lead to repossession. They’re reviewing their portfolios to proactively identify and assist at-risk customers with individualized financial support. Dissolve your data silos.

Default 52
article thumbnail

Mixing Equity and Debt: The Lesser-Known Key to Airbnb, Uber, and Sweetgreen’s Explosive Growth

Fundera

If you need a small amount of capital at the beginning, you might have no choice but to get a loan, because investors usually don’t transact in such small amounts. Unlimited DVD rentals set Netflix apart from competitors and allowed it to generate enough sales to go public in 2002. Complete Ownership and Lower Costs.