Gaviti

APRIL 18, 2023

This blog post will explore various strategies that finance and collections teams can adopt to better handle issues that might arise from these recent unyielding interest rate increases. Prioritize Cash Flow Management: During a recession, cash flow management becomes even more critical.

DSO 97

DSO 97

Due

FEBRUARY 5, 2024

In today’s digital age, business data comes from various sources, including customer interactions, sales figures, social media metrics, and operational statistics. But what about your business? That’s a key question to answer, especially if you want to make smarter business choices. Your company is awash in data.

Credit and Collections 116

Credit and Collections 116

Lendio

MARCH 21, 2024

For small business owners, the adage “you have to spend money to make money” rings particularly true, especially when it comes to inventory. However, managing a healthy, cash-flow positive business sometimes means turning to additional financial tools – and this is where inventory financing can be a game-changer.

Credit Scoring 52

Credit Scoring Credit and Collections Small Businesses Default 52

Lendio

APRIL 11, 2024

If you can’t beat them, buy them. And even if you can beat them, maybe still buy them. For small businesses, the margin of error is much thinner. But if you get it right, wow, can your small business hit the jackpot. Should you buy out a competitor or crush them instead? Acquire a competitive advantage.

Small Businesses 98

Small Businesses Bankruptcy Credit Scoring Transactions 98

Credibly

JANUARY 30, 2024

How does it work? What can I use invoice factoring for in my construction business? Right fit financing—for the way you do business. Managing cash flow is a critical challenge for construction businesses, which are often impacted by payment delays that are all too common in the industry.

Invoice Amount 52

Invoice Amount Invoice Collections Small Businesses 52

Lendio

NOVEMBER 7, 2023

You can launch your own business from the ground up, you can partner with someone else, or you can even buy a small business outright. Buying a small business can create a unique stream of income and help you to launch your new career—you just need to know where to find them and how to invest.

Small Businesses 97

Small Businesses Credit and Collections Credit Scoring 97

Lendio

NOVEMBER 1, 2023

There are many different kinds of small business loans, making it essential to do your research before beginning any application process. Rushing the process is akin to walking into a paint store and telling the clerk you need a can of paint, any kind will do.

Small Businesses 98

Small Businesses Credit Scoring Credit and Collections Default 98

Lendio

OCTOBER 17, 2023

We understand that running a business can be tough and that additional capital can make a huge difference. It’s completely understandable that obtaining a business loan may seem overwhelming, but we’re here to help make the process easier for you. Let’s learn how to get a business loan.

Credit Scoring 98

Credit Scoring Credit Unions Small Businesses Transactions 98

Abrigo

DECEMBER 18, 2023

Stress testing, monitoring are essential Financial institutions should challenge assumptions about CRE risk while also watching for red flags as they manage the CRE portfolio. You might also like this webinar on credit department housekeeping. Don’t believe everything you read or hear about CRE.”

Credit Unions 88

Credit Unions Credit Risk Insurance Companies Small Businesses 88

Lendio

NOVEMBER 10, 2023

Have you always dreamed of owning your own business, but don’t want to start from scratch? One option is to buy an existing business. This is where a Small Business Administration (SBA) loan comes in handy. In this blog post, we will discuss how to use an SBA loan to buy an existing business.

Credit Scoring 96

Credit Scoring Credit Unions Small Businesses 96

Onguard

AUGUST 30, 2023

A thorough risk management is indispensable for any finance department. But which parts of risk management are essential in 2023, and what should finance professionals consider? This means that, as a finance professional, you need to scrutinise business plans and investment decisions, and may have to adjust them.

Credit Management 52

Credit Management 52

Lendio

MAY 23, 2023

Effective cash flow management is crucial for the financial health and stability of any entity, whether it’s a small business, a large corporation, or an individual. What Is Cash Flow Management? What Is Cash Flow Management?

Chapter 11 52

Chapter 11 Chapter 7 Chapter 5 Small Businesses 52

Lendio

FEBRUARY 27, 2024

As a small business owner, you know the value of flexibility. Circumstances can change rapidly, for better or worse—a few days of bad weather or a positive Instagram post from a popular influencer can have huge impacts on a small business’ cash flow. How does a business line of credit work?

Alternative Payment Methods 52

Alternative Payment Methods Credit Scoring Credit Card Companies Small Businesses 52

billtrust

OCTOBER 11, 2022

Stress-free accounts receivable solutions for smoother cash flow. What you’ll learn. The five biggest challenges in accounts receivable (and how to to solve them) The importance of accounts receivable management How do you manage accounts receivable better? Late payments.

Accounts Receivable (AR) 52

Accounts Receivable (AR) AR Automation Credit and Collections Cash Applicator 52

Emagia

MARCH 15, 2024

Managing credit risk for B2B customers is critical for seamless order to cash (OTC) and working capital cycles. Businesses that follow traditional reactive strategies in OTC processes may find it difficult to collect at-risk future invoices, likely leading to large invoices going delinquent.

Credit Risk 52

Credit Risk Default Credit Management Credit and Collections 52

Emagia

MARCH 15, 2024

Managing credit risk for B2B customers is critical for seamless order to cash (OTC) and working capital cycles. Businesses that follow traditional reactive strategies in OTC processes may find it difficult to collect at-risk future invoices, likely leading to large invoices going delinquent.

Credit Risk 52

Credit Risk Default Credit Management Credit and Collections 52

Gaviti

NOVEMBER 16, 2023

One of the most effective ways of increasing your company’s cash flow is by ensuring that customers pay their invoices on time. Despite what you might think, this is not a simple straightforward question to answer. Despite what you might think, this is not a simple straightforward question to answer. Need for financing.

Credit and Collections 52

Credit and Collections Bad Debt Debt Collections Invoice to Cash 52

Lendio

MAY 4, 2023

If you’ve ever found yourself in a position where more money is going out the door of your business than coming in, you’ve experienced negative cash flow. Negative cash flow happens when your expenses are more than your income. What Causes Negative Cash Flow? But how does a business get to this point?

Credit Scoring 52

Credit Scoring Bankruptcy Small Businesses 52

Lendio

NOVEMBER 13, 2023

Find a usi In the construction industry, managing cash flow can often feel like building a skyscraper on shifting sands. Cash flow challenges can put construction companies in a precarious position when expenses exceed income. accounts receivables) as collateral for getting cash upfront.

Credit and Collections 52

Credit and Collections Credit Scoring Small Businesses 52

Lendio

OCTOBER 18, 2023

When running a medical practice, cash flow is often a top concern. This third party, known as a factor, then advances the medical practice with immediate cash for these outstanding invoices. This can help improve cash flow and allow medical practices to meet their financial obligations in a timely manner.

Insurance Companies 52

Insurance Companies Credit and Collections Deductions Transactions 52

Sky Business Credit

APRIL 26, 2023

Factoring may be one of the most underutilized yet effective forms of funding for a growing business. Below, Sky Business Credit addresses and explains 11 myths about factoring. The factor purchases the invoice(s), then collects payment directly from the business’ clients. You must factor every invoice.

Credit and Collections 98

Credit and Collections 98

Lendio

MAY 4, 2023

But if you’re a small business owner, it’s equally important to have a budget for your business to ensure that your business is meeting its goals. In fact, a business budget might be the most essential business tool for taking your business to the next level. Why Does Your Business Need A Budget?

Small Businesses 52

Small Businesses 52

Lendio

NOVEMBER 13, 2023

As your business starts to grow, you may encounter clients with orders that you can’t fulfill immediately. Completing these orders could be huge for your business—both financially and for your reputation—but you might not have the resources and funds at that stage. How purchase order financing works.

Transactions 87

Transactions 87

Lendio

DECEMBER 12, 2022

The availability of dependable cash flow can have a big impact on the success of a small business. Yet a 2021 report from the Federal Reserve shows that, when businesses applied for financing, nearly 60% of applicants were either outright denied or able to borrow only a portion of the money they needed. .

Small Businesses 98

Small Businesses Credit Scoring Credit and Collections Credit Reporting Agencies 98

The Red Spectrum

MAY 11, 2023

The financial stability of any organization depends heavily on how well vendor accounts are managed. You must manage your Net 30 vendor accounts as a business owner or financial manager if you want to make sure that your suppliers are paid on time and that you have a good working relationship with them.

Small Businesses 94

Small Businesses Credit Scoring 94

Lendio

NOVEMBER 17, 2023

Are you a small business owner looking to buy new equipment? If so, then you may already know that purchasing equipment can be a costly endeavor. Fortunately, the Small Business Administration (SBA) offers loan programs specifically designed to help small businesses purchase necessary equipment.

Credit Scoring 52

Credit Scoring Nonprofit Organizations Credit Unions Small Businesses 52

Lendio

MARCH 31, 2023

If you have a small business, you probably have inventory. This is an obvious statement for those who sell end-use products such as skateboards or alarm clocks, but it also relates to manufacturers that supply other businesses. Your inventory is your lifeblood, so it’s essential you manage it accordingly.

Small Businesses 98

Small Businesses 98

NorthOne

JUNE 27, 2023

If you own a franchise, you know that keeping your finances in order is critical to the success of your business. One of the most important decisions you’ll need to make is choosing the right bank account for your franchise. These may include specialized business checking accounts and budgeting tools.

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52

ForwardAI

JANUARY 18, 2023

This time on our Meet the Team blog, we’re going to interview our CEO and Co-Founder, Nick Chandi. Now at ForwardAI, we are on an even bigger mission and building solutions that will enable access to simpler, better, and more cost-effective solutions for small businesses to improve their cash flow.

Credit Scoring 52

Credit Scoring Small Businesses 52

NorthOne

APRIL 27, 2023

As a small business owner, managing your accounts payable helps you keep track of short-term debt , avoid incurring late fees, and stay on top of your cash flow. While accounts payable management was for many years a manual process, automation allows you to save time and money and reduce errors.

Small Businesses 52

Small Businesses Transactions 52

Lendio

MARCH 21, 2023

When most entrepreneurs need funding to start or grow their business, they quickly learn one key fact: They need a business plan. Just as you need a resume to apply for a job or a completed application to gain admittance to a university, business plans are required to apply for business financing.

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95

Lendio

APRIL 19, 2023

Financial reporting is a crucial function in every business. Not only is it necessary for meeting regulatory requirements and obtaining financing, but it’s also essential for informing your business decisions. Financial reporting involves documenting your business’ financial data and sharing it with various stakeholders.

Credit and Collections 52

Credit and Collections Small Businesses 52

Lendio

MARCH 15, 2023

In the early stages of business ownership , you might decide to simply use your personal bank account for your business finances. The account is already in operation, and you have established your financial habits around it. Why Should I Open A Business Bank Account? It also gives you some liability protection.

Deductions 52

Deductions Credit Card Payments Credit and Collections Invoice Collections 52

Abrigo

JUNE 28, 2023

You might also be interested in this AML/CFT risk assessment checklist. Takeaway 2 Tools ideal for board reporting allow you to put the desired metrics into one dashboard that quickly and easily allows access to important information. When it comes to report development, you may know the regulatory minimum expectations (e.g.,

Credit Unions 78

Credit Unions Dashboards Credit Risk Transactions 78

aptic

MARCH 11, 2024

Invoicing is probably the most important and fun thing a business can do. It’s a pleasure to see satisfied customers pay for what you offer, but it can be less fun to administer the billing process itself. Such mistakes affect not only your financial flows, but also your customer relationships.

Debt Collections 52

Debt Collections Credit and Collections 52

Lendio

MARCH 21, 2023

Asset-based lending, also known as asset-based financing, is a type of business loan or line of credit that companies secure with collateral. With traditional loans, lenders often place an emphasis on a company’s creditworthiness and cash flow when determining whether to approve applications for business funding.

Credit Scoring 52

Credit Scoring Default 52

NorthOne

JANUARY 20, 2023

As a small business owner, you’ve probably got your eye set on one or more goals that will lead to expansion or growth for your company. There is no shortage of budgeting structures available to you, but one method that works well for a lot of business owners is cash flow budgeting. What is cash flow budgeting?

Deductions 52

Deductions Small Businesses 52