RMAi Blog

APRIL 11, 2023

Scranton, Pa., April 11, 2023 – Abrahamsen Gindin LLC (AG Law), a multi-state creditors’ rights firm headquartered in Scranton, Penn., recently acquired Long Island-based Forster and Garbus LLP. AG Law is owned by Joshua Gindin, David Schlee, Josh Borer, and Ned Abrahamsen. The firm currently operates in New York, New Jersey, Pennsylvania, Delaware, Maryland, and Washington, D.C.; it plans to expand further once the firms are fully integrated within 12 to 18 months.

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Your Virtual Credit Manager

APRIL 11, 2023

Accounts Receivables (AR) require active management. Laissez-faire doesn’t cut it. In fact, a hands off approach will only serve to compound the weaknesses in your order-to-cash (O2C) process. Any O2C friction that results will ultimately have a negative affect on AR performance. Photo by Elisa Ventur on Unsplash When a company’s AR under-performs, the consequences are substantial.

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Bad Debt Credit and Collections Accounts Receivable (AR) Days Sales Outstanding 130

incfile

APRIL 11, 2023

Got a side hustle? You've probably asked yourself, "Do I need an LLC?" While you can operate your side hustle as a sole proprietor without a legal business entity, getting an LLC for your side business can give it protection and credibility. Here, we'll give you all the reasons to consider an LLC for your side business, plus tips on when and how to start one.

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Skogen Capital Lending

APRIL 11, 2023

One way to be more successful in your business is to recruit and retain the best talent available. Retention can be one of the trickier parts of the business because you want to offer your workers the best pay and benefits without going bankrupt. One of the ways to boost retention is to use a business line of credit to hire more help, upgrade working conditions and provide incentives.

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Credit Management Group UK

APRIL 11, 2023

Using the credit management tools available to you effectively can greatly increase your chances of getting paid more quickly. Making small changes to your collection strategy to incorporate all tools at your disposal can make a big impact on your collection performance. Improving your use of credit management tools Invoice Ensure that your invoices: Are dispatched quickly Are accurate Comply with any contractual invoicing procedures.

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Credit Management Credit and Collections Bad Debt 88

Due

APRIL 11, 2023

When you talk about managing your finances, how frequently do you review your expenses? Don’t you worry about grocery bills pinching your wallet or travel expenses rising like never before? Well, whether you curse inflation, recessions, market downturns, or international events, future-proofing your money is crucial. With inflation rising at an ominous rate over the last 12 months, there’s a thin chance of it dipping below 6% anytime soon.

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Medical Billing Credit Scoring 75

Due

APRIL 11, 2023

Turbulences in relationships can turn critically ugly. Even though you wouldn’t like to read these words, complications can eventually lead to a divorce. The harsh reality is divorces in the US are much more frequent than you can imagine. Before we proceed to the nitty-gritty, let’s take a look at these numbers. A report published by CDC reveals that the ultimate outcome of more than 50% of relationships is a divorce.

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Deductions Credit and Collections 75

biz2credit

APRIL 11, 2023

Are you a doctor or other type of medical practitioner? Do you need funding to open, buy, improve, or expand a practice? Healthcare businesses often have unique financing needs. An option they sometimes turn to is a medical practice business loan. Is it a financing option that’s suitable for your needs? This article explains what … Continue reading "How To Use Your Physician Practice Loan" The post How To Use Your Physician Practice Loan published first on.

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Due

APRIL 11, 2023

Getting your credit card declined isn’t something you would like to experience in public. An uncomfortable mix of panic, embarrassment, and frustration grips you as the payment processing machine displays the irritating message ‘Your transaction has been declined’. Particularly, if you have been waiting in a long queue to make your payment, the discomfiture grows intense.

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Credit Scoring Transactions Alternative Payment Methods Credit Card Payments 59

Reorg Blog

APRIL 11, 2023

The post Legal Analysis: Despite Likely Singapore ‘Substantial Connection’ Nexus, Strong Contractual Cram-in Under No Va Lands’ $300M CBs Indicates Ability for Out-of-Court Consent Solicitation If LME Required As Money Term Amendment Approval ≥66% appeared first on Reorg.

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Commercial Credit Group

APRIL 11, 2023

You've decided that you need to purchase a new piece of revenue-producing equipment. Depending on the industry in which you work, this could be a truck, an excavator, a vacuum truck, or a machining center. Basically, any type of revenue producing equipment that will help you earn more money.

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Grit

APRIL 11, 2023

Knowing what to do with surplus inventory is a problem most business owners and eCommerce managers face at some point. All those products piled up in your storage space cost you time and money that could be better spent focusing on the next season’s top-selling products. All retailers and eCommerce brands need to sell excess inventory, and knowing how to eliminate old products is essential to any operation.

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The Esker Blog

APRIL 11, 2023

In recent history, businesses have started focusing more on increasing efficiency and reducing tender timelines while ensuring maximum cost-effectiveness. This is where eSourcing plays a critical role, encouraging more and more individuals to switch to this method and away from email. Be it a big corporation looking to streamline tender processes or a small retailer handling complicated line-item quotations, eSourcing has managed to make everyone’s life easier with relevant suppliers just a clic

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TreviPay

APRIL 11, 2023

Omnichannel Approach Guides Large European Electronics Retailer’s Digital Transformation Efforts The Client: This iconic, large omnichannel electronics and white goods retailer with sales of over $12 Billion serves several markets in Europe. It sells to both B2C and B2B, including corporate, resellers, insurers, government funded bodies and SMBs. The Challenge: Competitive Landscape The market size for consumer electronics in Europe is forecast to be $208.5 Billion in 2023.

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Chaser

APRIL 11, 2023

Most businesses rely on cash flow they have yet to receive from customers who have purchased their goods and services. Net income is often delayed due to purchases of credit terms, late payments, and other factors. The accounts receivable collection period is a metric used to measure the average time customers pay off any outstanding invoices. This helps business owners better understand their cash flow and identify trends or issues with their collections process.

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Credit and Collections 52

Reorg Blog

APRIL 11, 2023

The post Naviera Armas Bondholders Led by JPMorgan, Barings, Cheney Capital… appeared first on Reorg.

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Know-It Global

APRIL 11, 2023

Is there cash hiding in your sales ledger? With rising interest rates and soaring numbers of company insolvencies , businesses are getting hit, hard! For one, a rise in interest rates means loan repayments will increase, it may be more difficult to be approved for funding and businesses will typically have less cash to spend. This means tighter purse strings.

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Credit and Collections Credit Risk Credit Management 52

Reorg Blog

APRIL 11, 2023

The post Analysis: Wittur Faces Liquidity Shortfall of €15M in Q3 appeared first on Reorg.

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The Red Spectrum

APRIL 11, 2023

One way for new businesses to build their credit history and obtain a business credit score from credit reporting agencies is by opening net 30 vendor accounts that have lenient approval criteria and offer credit purchases with a 30-day payment window. Our top picks for net 30 vendor accounts for companies in 2023 are shown below: 1. Burstbiz 2. The Red Spectrum 3.

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Credit Reporting Agencies Credit Scoring Credit and Collections Credit Application 52

Reorg Blog

APRIL 11, 2023

The post Casino Unsecured Bondholders Working With Perella appeared first on Reorg.

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FICO Blog

APRIL 11, 2023

Home Blog FICO Are Student Loan Holders at Risk as Deferments Expire? Factors driving credit score decreases observed among student loan holders involved behaviors such as delinquency on credit products including bankcards, auto loans, and mortgages Saxon Shirley Thu, 05/12/2022 - 07:46 by Paul Panichelli Principal Scientist expand_less Back To Top Tue, 04/11/2023 - 15:00 As many federal student loan holders exit accommodations made during the pandemic period to suspend student loan payments, th

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Reorg Blog

APRIL 11, 2023

The post Covenant Analysis: Casino Guichard-Perrachon SA appeared first on Reorg.

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FICO Blog

APRIL 11, 2023

Home Blog FICO Are Student Loan Holders at Risk as Deferments Expire? Factors driving credit score decreases observed among student loan holders involved behaviors such as delinquency on credit products including bankcards, auto loans, and mortgages Saxon Shirley Thu, 05/12/2022 - 07:46 by Paul Panichelli expand_less Back To Top Tue, 04/11/2023 - 15:00 As many federal student loan holders exit accommodations made during the pandemic period to suspend student loan payments, they are now faced wit

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Credit Scoring 52