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A guest blog from Curtis Fort from the Construction Credit and Finance Group.

JSP Credit Management

As a leader in business to business debt collection services, we’ve been asked to share our insights into the size and scope of the b2b debt collection industry. After the 2008 recession, businesses began to rely less on traditional credit lines and more on factoring and accounts receivables. billion by 2022.

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Credit unions continue to see growth in auto lending

Abrigo

More than three-quarters of a million were sold in 2014, continuing its reign as the top vehicle since 1981. The Toyota Camry, the first car on the 2014 list, ranked fourth overall with more than 428,000 new to the road. million over the last quarter of 2014. million over the last quarter of 2014.

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ACH Transactions: What Small Business Owners Need To Know

Lendio

For small businesses, understanding the basics of ACH is important on two fronts: you can make and receive payments through ACH, and ACH is a common method funders use to collect repayment of a business cash advance. These transactions can either be initiated by the person sending the money (credit) or the person receiving the money (debit).

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Top concerns and growth strategies of community banks: Part II

Abrigo

We can find answers in the August Bank Director’s 2014 Growth Strategy Survey , which asked executives from banks of all sizes across the United States about their growth strategies for the next 12 months. Source: 2014 Growth Strategy Survey. Source: 2014 Growth Strategy Survey. According to Forbes , many U.S.

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From unlikely-to-pay debt to bad debt: how to detect underperforming debtors

aptic

Today, the UTP category is more relevant than ever in the field of credit management. In 2014, the ECB published a guide for European banks to prevent another banking crisis. Radio silence: Your collections department notices that the customer makes little or no response to their communications through various channels.

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Help business clients use technology to improve cash flow

Abrigo

Indeed, almost half of owners of small and medium businesses surveyed in 2014 said they wanted a CPA who is proactive in helping them plan and implement technology changes, but almost 80 percent said their current CPA isn’t helping in this regard. Ecommerce sites : Even if the business already has a website, can sales be generated through it?

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B2B vs B2C: Differences (& Similarities)

TreviPay

Its IPO in 2014 at USD 25 billion was the largest ever up until that date , and the company has grown steadily ever since. Most B2C payments take place on debit or credit cards. It includes things like invoice financing and credit lines, which don’t apply to consumers, as well as B2B BNPL. Collections.