NorthOne

APRIL 27, 2023

Accounts payable is a summary of your company’s short-term debt obligations, and is therefore a credit. What is accounts payable and why is it important? Accounts payable is a record of your company’s short-term debts that have not yet been paid. What’s the difference between accounts payable and accounts receivable?

Small Businesses 52

Small Businesses Transactions 52

billtrust

OCTOBER 11, 2022

What you’ll learn. What if there was a way to take the stress out of accounts receivable (AR)? When customers don’t pay their invoices on time, it can throw off your entire cash flow. This will give customers an incentive to pay their invoices as soon as they receive them. Share with your network: Mail.

Accounts Receivable (AR) 52

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

NorthOne

APRIL 27, 2023

Understanding how to pay an invoice is a critical skill to possess if you own or operate a business of any size. Businesses small and large need to pay their invoices on time, and establishing a consistent, streamlined approach helps them do just that. Does the invoice match exactly what your company ordered?

Credit and Collections 52

Credit and Collections Bankruptcy 52

Lendio

NOVEMBER 1, 2023

The best place to start is by identifying what your specific use will be for the loan. The best place to start is by identifying what your specific use will be for the loan. There are many different kinds of small business loans, making it essential to do your research before beginning any application process.

Small Businesses 98

Small Businesses Credit Scoring Credit and Collections Default 98

Credibly

NOVEMBER 28, 2023

Table of Contents What is a factor rate? Factor rates vs. interest rates: What’s the difference? What’s the difference? In this guide, we’ll get into factor rates, exploring their nuances, benefits, and how they compare to other rate types. Why should businesses like to see factor rates? for every $1.00

Credit and Collections 40

Credit and Collections Small Businesses 40

billtrust

NOVEMBER 1, 2022

What you’ll learn. The primary goals of accounts receivable The best KPI for accounts receivable Ten AR optimization goals you should accomplish How to get paid faster with key collection strategies How accounts receivable automation can eliminate manual tasks. What are the primary goals of accounts receivable?

Accounts Receivable (AR) 52

Accounts Receivable (AR) Bad Debt Days Sales Outstanding DSO 52

NorthOne

MAY 3, 2023

Managing your cash flow and paying off your short-term debts is critical for your business’s success. What is AP automation? Accounts payable is a log of your short-term debts which have not been paid. Accounts payable is a log of your short-term debts which have not been paid.

Dashboards 52

Dashboards Small Businesses 52

Emagia

MAY 16, 2023

It measures the time it takes for the business to collect payments from its clients, which reflects its cash flow effectiveness and ability to meet short-term financial obligations. What is an Average Collection Period? It is a crucial indicator of a company’s financial health and liquidity.

Accounts Receivable (AR) 52

Accounts Receivable (AR) Credit and Collections DSO Credit Sales 52

Gaviti

MARCH 21, 2023

There are many strategies to streamline invoice collection to get the money owed to your company quicker. However, getting paid ahead of or at the point of sale is always the best way to streamline your cash inflow. What is a good best practice? What is a good best practice?

Invoice to Cash 52

Invoice to Cash Credit and Collections Alternative Payment Methods Credit Card Payments 52

TreviPay

AUGUST 8, 2023

What is credit decisioning? What factors play a role in credit decisioning? By evaluating each ‘C’, lenders can make informed decisions about who they lend credit to and what rates to offer. Credit decisioning is the process of evaluating a potential borrower’s creditworthiness.

Credit and Collections 52

Credit and Collections Credit Risk Credit Card Companies Credit Application 52

TreviPay

JANUARY 30, 2023

What is B2B? Theses differences include: Volume and frequency of purchases Number of decision-makers involved Financing options available What is the buyer journey? But what each successful journey has in common is the same or similar starting point(/s) and end point. The typical sales interaction would, too.

Credit and Collections 52

Credit and Collections Alternative Payment Methods Transactions Credit Management 52

NorthOne

JANUARY 12, 2023

What do you need to acquire a loan, and how can you improve your chances of success? Read on to learn what it takes to get a good loan, and what you can do to ensure the terms are favorable. Here’s a step-by-step guide to help you through the process. Building a business often requires financial assistance.

Credit Card Payments 52

Credit Card Payments Small Businesses 52

Biz2X

JULY 11, 2023

This guide makes the case for why lenders, including banks and credit unions, MUST invest in business loan automation. What is Business Loan Automation? It is also used to answer prospective loan customer questions and help guide them through the application process, making it more likely suitable borrowers won’t abandon.

Credit and Collections 52

Credit and Collections Debt Collections Credit Risk Credit Unions 52

TreviPay

MAY 12, 2023

What is days sales outstanding (DSO)? It looks at the average number of days it takes for accounts receivable departments to collect cash from outstanding invoices. It can be measured monthly , though for some businesses this may be too short of a period to gain real insights. And annually enables comparisons with other years.

Days Sales Outstanding 52

Days Sales Outstanding DSO Credit and Collections Total Receivables 52

TreviPay

MAY 12, 2023

What is days sales outstanding (DSO)? It looks at the average number of days it takes for accounts receivable departments to collect cash from outstanding invoices. It can be measured monthly , though for some businesses this may be too short of a period to gain real insights. And annually enables comparisons with other years.

DSO 52

DSO Days Sales Outstanding Credit and Collections Total Receivables 52

Emagia

MAY 18, 2023

What are Prepaid Expenses Definition in Accounting? A prepaid expense is an expense that has been paid in advance but from which no gain has yet been realized. What are the Benefits of Prepaid Expenses? Prepaid expenses represent a common notion in accounting and finance. Why are Prepaid Expenses Assets?

Accounts Receivable (AR) 52

Accounts Receivable (AR) Deductions 52

Fundera

OCTOBER 8, 2020

What, exactly, is bookkeeping? What, exactly, is bookkeeping? What is the difference between bookkeeping and accounting ? What goes into bookkeeping, and what should you expect from your bookkeeper? One of the first challenges new business owners face is managing their business’s bookkeeping. Bookkeeping Today.

Small Businesses 84

Small Businesses Transactions 84

Fundera

DECEMBER 18, 2017

If you’re a business owner who needs to secure financing quickly, you’re likely in need of a short-term business loan. But with so many different loan options on the market—it can be difficult to know which types of short-term loans are right for your business. What Do All Types of Short-Term Loans Have in Common?

Credit Scoring 63

Credit Scoring Small Businesses Invoice Amount Deductions 63

Fundera

MAY 26, 2018

Of course, it’s absolutely crucial that you make paying your employees a priority, no matter what. If that’s the case, look toward a short-term loan, a business line of credit, or invoice financing. Best Quick-to-Fund Payroll Loan: Short-Term Loan. This is where short-term loans are a great tool for small businesses.

Credit Scoring 52

Credit Scoring Small Businesses Credit Application 52

Due

FEBRUARY 17, 2023

With growing inflation and dwindling savings, retirees are eager for both purpose and a paycheck — and remote work offers both opportunities. With that in mind, here are some of the best tools for remote workers emerging from retirement. But other tools can promote personal development, improving your chances of securing meaningful remote work.

Dashboards 78

Dashboards 78

Know-It Global

MARCH 21, 2023

That’s why we’ve written this guide to bring you everything there is to know about reading a business credit report in one place! What’s included in a business credit report First, let’s break down everything that’s included in a business credit report! The key metric displayed on a business credit report is a business credit score.

Credit Scoring 52

Credit Scoring Credit Reporting Agencies Credit and Collections Credit Risk 52

Fundera

NOVEMBER 10, 2018

What Is a Cash Flow Analysis? After all, running short of cash is one of the most common causes of small business failure. What Are the Basics of a Cash Flow Analysis? First, it’s important to understand what exactly a cash flow statement (also called a statement of cash flows ) is and what it shows.

Credit and Collections 71

Credit and Collections Small Businesses Transactions 71

Fundera

JUNE 16, 2020

But there are a number of things you can do to ensure you get paid faster. In this article, we’ll share how to get paid faster through 11 strategies. In this article, we’ll share how to get paid faster through 11 strategies. But first, we’ll take a look at the importance of getting paid as quickly as possible.

Credit and Collections 40

Credit and Collections Past Due Invoices Default Small Businesses 40

Fundera

JANUARY 9, 2018

What is a small business loan? But what is a small business loan, and how does this financing solution work to meet the needs of business owners? What Is a Small Business Loan? This is an essential question that every new (or seasoned) small business owner should be asking. That’s it.

Small Businesses 57

Small Businesses Credit Scoring 57

Lendio

JANUARY 31, 2023

What is a Business Loan Agreement? You can also consult a business attorney, who can guide you through the process. Nonpayment penalties: The purpose of this section is to describe what will happen to the borrower if they miss a payment. A business loan agreement is a document that outlines all of the details of a loan.

Default 52

Default Credit and Collections Credit Unions Small Businesses 52

Credibly

JUNE 21, 2022

When approaching a small business lender, every business owner should have a strong idea of not only how much money they need, but exactly what they plan to use the capital for. Obtaining a small business loan is often a critical step when starting and scaling a business. Determine How Much Capital You Need. Why Get a Small Business Loan?

Small Businesses 52

Small Businesses Credit Scoring Credit Unions Credit and Collections 52

Fundera

NOVEMBER 15, 2017

And while there are a variety of options for financing—from long-term and short-term loans to invoice financing—when you need quick access to cash there are two popular options you might want to consider: a business line of credit or a merchant cash advance (commonly referred to as an MCA). What’s a business line of credit?

Credit Scoring 57

Credit Scoring Transactions 57

Fundera

MARCH 23, 2018

No matter what stage your business is in, understanding your options for loans for business owners is always a good thing. Even so, the growth of your business depends on knowing how to get a hold of what’s out there. Nearly every small business owner understands the need for funding. Nice, right?

Credit Scoring 73

Credit Scoring Small Businesses 73

Fundera

MAY 28, 2018

If you’re in a seasonal business , you know exactly what we’re talking about: Your ice cream shop is jammed with customers, or maybe your taco truck’s seeing lines around the block for the lunch crunch. What You Need to Get Started. to get your shop off the ground. Lawn Care and Landscaping.

Credit Scoring 75

Credit Scoring Credit and Collections Small Businesses 75

Fundera

JUNE 4, 2018

For most small business owners, locating and obtaining funding for startup or growth expenses is an important step along the path to success. But it’s an overwhelming one, which is why many business owners seek out small business loan assistance. Here are a few steps you can take to locate the kind of small business loan assistance you need.

Small Businesses 80

Small Businesses Credit Scoring 80

Fundera

JANUARY 23, 2019

What Is the Loan Underwriting Process? Underwriting a loan means evaluating whether or not an applicant is eligible for a loan and, if they are eligible, what loan terms this applicant qualifies for. What Is Loan Underwriting? What Is Commercial Loan Underwriting? Every Borrower Goes Through Loan Underwriting.

Credit Scoring 55

Credit Scoring Credit and Collections Credit Risk Small Businesses 55

Fundera

SEPTEMBER 1, 2018

What Is an SBA Loan Equity Injection? An SBA loan equity injection is a down payment that certain applicants must provide to qualify for an SBA 7(a) loan or SBA 504 loan. Startups, applicants acquiring a business, and all 504 loan applicants must provide an equity injection, typically 10% of the loan amount. All SBA 504 loans. Export Express.

Small Businesses 55

Small Businesses 55

Fundera

FEBRUARY 7, 2019

Whether your business is seasonal can affect your options, as well as what, exactly, you’re looking to finance. First, what are you hoping to finance? Third, what are your business’s vitals? What are your business and personal credit scores? But small business loans for lawn care aren’t always totally straightforward.

Credit Scoring 45

Credit Scoring Small Businesses Default 45

Fundera

JULY 29, 2019

Therefore, to help you sort through this involved task, we’ve created the ultimate guide to hiring independent contractors. Therefore, to help you sort through this involved task, we’ve created the ultimate guide to hiring independent contractors. What Is an Independent Contractor? How to Hire an Independent Contractor.

Small Businesses 40

Small Businesses 40

Fundera

JUNE 14, 2019

In this guide, we’ll answer both of those important questions—breaking down signs that indicate it might be time for your business to change bank accounts. You thought carefully about what was the best account for your business and what best fulfilled your needs at the time.

Transactions 94

Transactions Small Businesses 94

Fundera

NOVEMBER 28, 2019

Here, we’ll guide you through all those steps required to start a retail business, as well as offer you additional resources that can help you on your startup journey. . What kinds of products are you selling? How much staff will you need, and what will your hiring process look like? What will your startup costs be?

Credit Card Companies 52

Credit Card Companies Credit Scoring Small Businesses Transactions 52

Fundera

MAY 8, 2019

So let’s see what Paysafe and their subsidiaries can offer to help your business meet the payment needs of your customers. What Is Paysafe? What it means is that pricing for Paysafe’s services are quote-based, and vary depending on the client and the services they need. Paysafe Reviewed for Your Small Business.

Alternative Payment Methods 40

Alternative Payment Methods Credit and Collections Transactions Small Businesses 40