Tue.Oct 03, 2023

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Bad Debt Is Lurking in Your Accounts Receivables, but Where Is It?

Your Virtual Credit Manager

The typical course of action on managing bad debt loss is to identify, then focus credit and collection activities on individual customers who are financially weak. These customers pose the highest risk of bad debt loss. This is a classic approach and when executed properly, it can enable a company to satisfactorily manage their credit risk. It should also facilitate maximizing revenue from customers with a higher degree of credit risk.

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Here’s What Everyone Needs to Know Before Selling Their Business

Due

For most business owners, there will come a time when they must decide whether they want to sell their company. If the answer is yes, a significant portion of their financial and professional future will suddenly hinge on an undertaking they’ll be doing for the very first time. And let’s be honest, there are few things in life we get right the first time.

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TMC Financing takes a Tour to Alameda via Trolley: 2023

TMC Financing

This year’s trolley tour, we embarked on a journey to meet two remarkable Alameda-based businesses that have harnessed the power of the SBA 504 loan program to supercharge their. The post TMC Financing takes a Tour to Alameda via Trolley: 2023 appeared first on TMC Financing.

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Avoid These Common Budgeting Mistakes for Your Business

Accounting Department

Budgeting is crucial for any business that wants to succeed in the long term. As a business owner or CFO for a small to medium-sized business, you may have experienced the challenges of creating and implementing a budget.

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Accell Inventories Swell to €1B as Over-Ordering Creates Unsold Bike Glut; Sponsor KKR Provides Up to €100M Shareholder Loan to Plug Liquidity Gap

Reorg Blog

The post Accell Inventories Swell to €1B as Over-Ordering Creates Unsold Bike Glut; Sponsor KKR Provides Up to €100M Shareholder Loan to Plug Liquidity Gap appeared first on Reorg.

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Meet Chaser at the Xero UK Roadshow in London, Bristol, and Belfast

Chaser

Are you ready to take your accounting practice to new heights? The Xero UK Roadshow 2023 is just around the corner, offering a unique opportunity to immerse yourself in a world of accounting innovation and success. Chaser will be among the innovative Xero apps showcased at this event taking place in various locations across the UK. Find out more about the roadshow and why you should meet Chaser there in this blog.

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Legal Analysis: Hong Kong Court Stays Arbitration Claim, Proceedings Against China Evergrande Pending Winding Up Petition Resolution; Ensures Equal Creditor Treatment, Avoids Undermining Administration of Assets

Reorg Blog

The post Legal Analysis: Hong Kong Court Stays Arbitration Claim, Proceedings Against China Evergrande Pending Winding Up Petition Resolution; Ensures Equal Creditor Treatment, Avoids Undermining Administration of Assets appeared first on Reorg.

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Protected: How to Create a Florida LLC: A Step-by-Step Do It Yourself (DIY) Guide

Inc. Authority

There is no excerpt because this is a protected post. The post Protected: How to Create a Florida LLC: A Step-by-Step Do It Yourself (DIY) Guide appeared first on Inc Authority.

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Octagon Credit Investors Prices New Issue CLO, Establishes 167.5 Bps as New Senior Triple-A Benchmark

Reorg Blog

Octagon Credit Investors priced its latest new collateralized loan obligation, or CLO, on Friday, Sept. 29, and became the third manager of the week to place its senior triple-A notes at 167.5 bps, according to market sources.

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19 Strategies For Leaders To Maximize Returns In An Uncertain Economy

ForwardAI

Originally published on Forbes. The turbulent waves of the global economy present an enduring test for leaders, pushing them to make sensible investment decisions amidst a sea of uncertainty. Factors such as geopolitical shifts and unanticipated global events can significantly jar financial markets, necessitating a resilient strategy that not only safeguards but also maximizes returns on investments in such unpredictable times.

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Outsourcing vs. In-House Debt Collection: Pros and Cons

Eastern Credit Management Services

When it comes to debt collection, businesses are faced with a critical decision. Should they handle it in-house or outsource it to a professional debt collection agency like Eastern Credit Management Services (ECMS)? Both options have their merits and drawbacks, and the choice can significantly impact a company’s financial health and resources.

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My DSO Manager: request a personalized demo!

Credit Tools

September - October are an opportunity to inject new energies into your business. Find out how the implementation of My DSO Manager can digitize customer relations and improve your cash flow.

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How to Grow Your Business With Reviews

Eagle Business Credit

Customer reviews are important. The Yelp effect shows that reviews affect revenue. A one star increase on Yelp translates to about 5 to 9 percent increase of revenue. 90% of consumers read online reviews before visiting a business. And 88% of consumers trust online reviews as much as personal recommendations. Thus, it is important to respond to customer feedback and implement the necessary changes to provide the best service to your consumers.

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Apollo BDC Prices First Private Credit CLO

Reorg Blog

Apollo Global’s business development company, MidCap Financial Investment Corp., or MFIC, priced a new private credit collateralized loan obligation, or CLO, on Friday, Sept. 29, according to market sources. The $402.

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Golub Prints 2023’s Largest New CLO at $1.3B 

Reorg Blog

Golub Capital Partners priced the largest CLO transaction of 2023 on Tuesday, according to market sources. The firm priced a middle market CLO, named Golub Capital Partners CLO 69(M), at a huge $1.33 billion. The CLO is $333.

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Former CBAM Execs Set Up CLO Management Firm in Miami

Reorg Blog

The former executives behind CBAM Partners have launched a new asset management company, Canal Road Group, in Miami, according to market sources.

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Party City’s Anagram Unit Prepares Standalone Chapter 11 Filing

Reorg Blog

Anagram, a nondebtor unrestricted subsidiary of Party City, is preparing a standalone chapter 11 filing, according to sources.