Abrigo

NOVEMBER 22, 2021

Takeaway 3 Consumer compliance laws related to debt collection and preventing money laundering are also important for lenders. Banks and credit unions extending payments on vehicle loans, personal loans, or other consumer loans had to ensure they provided accurate disclosures in compliance with federal and state consumer protection laws.

Credit and Collections 78

Credit and Collections Debt Collections Credit Unions Credit Risk 78

Fundera

NOVEMBER 30, 2015

Be a Diligent Collector. Because of their light management and administrative structures, small businesses can find collections a challenge. Work on being a diligent collector. It could be via PayPal, credit card, electronic funds transfer, or e-payment services like Bill.com. The solution?

Electronic Funds Transfer 59

Electronic Funds Transfer Collector Cash Forecasting Credit and Collections 59

Fundera

SEPTEMBER 23, 2019

However, if you still have several outstanding invoices or you’re waiting for payments to process through a credit card company, you might have more cash flowing out of the business than you do coming in—in which case, you’re cash flow negative. Be a Diligent Collector. Work on being a diligent collector.

Collector 45

Collector Electronic Funds Transfer Cash Forecasting Credit and Collections 45