If your customers are starting to think of their due date as more of a suggestion than a requirement, be sure to give this a shot.
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Tags: collections, Jim Kozelek, Personal guarantor, Weinberg & Reis Co., Weltman
If you’ve noticed you’re having more trouble getting some customers and suppliers to agree to your terms recently, you’re not alone.
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Tags: American Express, Bargaining power, CFO Research, Finance Execs, Midsize businesses
Businesses are taking cost-cutting steps that would’ve been unthinkable just a few years ago. Here’s an example of how a balanced budget trumped a longstanding Christmas tradition.
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Tags: Budget, Cash flow, County, David McKell, Long-Island, Santa, Santa Claus, Steve Levy, Sulfolk County
If you’re a small business looking for a cash-flow boost, you’ll probably want to check out this source.
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Tags: Community banks, Loans, SBLF, Small Business Lending Fund, U.S. Treasury
Good news: Firms are finding it pretty easy to borrow money from lenders. Better news: Many firms don’t even need to rely on loans because they have sufficient cash reserves.
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Tags: Cash reserves, Interest rates, Lenders, Poll, SmartBrief for CFOs, Traditional lenders
With the end of 2010 rapidly approaching, finance chiefs have revealed their top areas of concern for next year.
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Tags: Capital Allocation, Capital investments, Cash flow, CFOs, Economy, Finance managers, Financial management priority, Recovery, TD Banks
When community banks took a dive last year, many stalwarts of the lending industry pledged their commitment to help fill the void. But most haven’t quite made good on that promise just yet.
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Tags: Baltimore, Bank of America, Community banks, Dallas, JP Morgan Chase, Lending, Lending industry, Major cities, Small biz bankers, Small businesses, Wells Fargo
Between handheld gadgets (smartphones, Blackberries, etc.), time-wasting websites and office gossip, there’s no shortage of distractions for today’s workers.
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Tags: Blackberries, Cash drain, Handheld gadgets, Smartphones, Workplace distractions, Workplace Options
If you feel banks are holding you back when it comes to your supply chain finance initiatives, you’re not alone. But there are other factors to consider, as well.
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Tags: Aite Group, Banks, Data communication, Info, SCF, Supply chain finance
Many businesses are using social networking sites as a tool to get problem customers to pay up. But you’ll want your A/R staffers to tread carefully in this area.
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Tags: A/R staffers, collections, Customers, Debts, Facebook, Fair Debt Collection Practices Act, FDCPA, LinkedIn, Privacy, Social network sites
