Remove Bankruptcy Remove Credit and Collections Remove Credit Risk Remove Credit Scoring
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Gleaning Actionable Insights from Credit Scores

Your Virtual Credit Manager

Commercial credit scores predict the likelihood of a business fulfilling its financial obligations, particularly regarding debt repayment and trade credit. Commercial credit scores are often not as well understood as consumer credit scores such as FICO.

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Due Diligence Doesn't End with the Credit Application

Your Virtual Credit Manager

Approving a customer for credit terms is merely the first step in an open credit relationship. Economic circumstances may cause you to tighten your credit policies and customer credit limits. Among other things, commercial bankruptcies have been steadily climbing over the past year.

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Are There Hidden Risks in Your AR Portfolio?

Your Virtual Credit Manager

Approving a new customer for credit terms is merely the first step taken by a B2B vendor to begin an open credit relationship. Economic circumstances may prompt a vendor to either tighten or loosen its credit policies and customer credit limits. Meanwhile, the number of commercial bankruptcies is accelerating.

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Experian Business Credit Scores, Explained

tillful

Looking to learn the ins and outs of Experian business credit scores ? as a consumer credit reporting company, but it also collects information on millions of businesses and provides business credit reporting services. You can download the Tillful iOS app to check if your company has a credit profile with Experian.

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How to Improve Your Business Credit Score

tillful

A business credit score is similar to your personal credit score in that it serves as a key indicator of your business’s financial health and reliability as a borrower to repay. Why is your business credit score a deciding factor for so many different financial transactions?

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Do Your Customers Deserve Credit?

Your Virtual Credit Manager

For example, there are firms burning through their cash reserves that may still be considered worthy of credit on their next order, but not the order that comes in three months from now. A customer can be paying you with no problems, but then their bank line of credit comes up for review and is drastically cut back by the bank.

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5 Must-have Digital Technologies in Your Business Credit Risk Management Platform

Emagia

Enterprises digitally transform their credit risk management processes to manage and navigate volatile market conditions, new regulatory pressures, increasing customer expectations, and other credit risks related to customers and vendors. Securities and Exchange Commission (SEC), Bankruptcy filings, among other things.