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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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Monitoring Your Collection Rates And Finding Balance

JSP Credit Management

JSP Credit Management's journey so far has taken some unexpected turns in its short lifespan. Don't worry, this is not a "don’t listen to your business plan" blog. This brought us to considering tendering for commercial debt collection contracts for public sector organisations and other larger private organisations.

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Consumer Lending Compliance: Hot-Button Issues to Monitor

Abrigo

Takeaway 3 Consumer compliance laws related to debt collection and preventing money laundering are also important for lenders. Consumer lending compliance — like other aspects of enterprise risk management at financial institutions — saw a huge impact from the COVID-19 pandemic. Pandemic Issues. Consumer lending compliance spotlight.

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What Is Peer-to-Peer Lending

Lendio

Before a lender in particular will approve your application for a business loan , you typically need to prove that you and your business are good credit risks. First, it’s wise to review your credit reports and scores (from all three credit bureaus, if possible). Applying is free and won’t impact your credit.

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The Number 1 Reason Your Commercial Invoices Are Not Getting Paid

JSP Credit Management

We could not think of a more enticing headline to a blog if we tried, so please forgive the clickbait, but this week’s blog is much more than that. One of the other advantages to such a review is that, especially when it comes to debt collection, it is centred around an activity that is high in volume and transactional value.