Other Business Management

A line of credit is similar to a credit card. The bank allows a business access to a set amount of money which the business can use as needed, up to the credit limit. This differs from a loan...

The risk-free rate is usually based on United States Treasury bills, notes and bonds, because it is assumed that the U.S. government will never default on its debt obligations. Credit-adjusting...

Holograms are used on credit cards to make them harder to forge. Amidst today's global financial gloom, the technology is important in order to make credit card scams harder to perpetuate.

One of the important lessons you learn in microeconomic class is that companies operate to make profits. The concept is not too far off for credit card companies who charge interest rate to...

As an individual extending credit to consumers, you have the ability to help other investors determine the credit risk for the consumers who work with you. If consumers pay on time, the debt can...

Dun & Bradstreet is one of the largest business credit-reporting agencies. The company has a large database with more than 140 million business records. Like consumer credit agencies, Dun...

Obtaining a credit report is a crucial part of the screening process before renting someone property. Prospective tenants who have credit reports in good standing are less likely to give you...

Running a business means applying for credit, which means you can buy more from suppliers (increasing their sales) and have more time to pay for those than if you are on cash on delivery (COD)....

If you run a business that accepts credit card payments, you are responsible for the security of all those credit card transactions. That is why it is so critical for every business, no matter its...

Screening the credit histories of potential candidates who want to live in your rental properties is an important step in the application process. It will help ensure that you receive your rental...

As a landlord, before you rent an apartment or home to a possible tenant, you'll want to check his credit so you can review his bill-paying habits and see if he has any evictions or lawsuits from...

Once you have an EIN (Employer Identification Number) from the Internal Revenue Service (IRS), the lines of credit that you obtain with that EIN are reported to the four major business credit...

Bankruptcy is a word that strikes fear through the hearts of any business that supplies other firms. But a customer in bankruptcy may not be the worst thing that could happen. You can still do...

Hi! If you have a small business and are tired of running up your credit cards, you may want to consider establishing credit terms and payment terms with your best suppliers. To do so you'll need...

Companies can take many paths to going out of business, but the number-one way is bad cash-flow management. If a business has to pay cash to all of its suppliers, then it has little free cash left...

Extending credit terms to business customers requires a thoughtful approach to some challenging questions. Should credit even be extended, and if so, how much? What are typical credit terms? How...

You've started your own business. You've got the location across town or maybe even in your own basement. You know what you want to sell, or build or provide. You even have a fancy logo that...

Established business credit is a valuable resource, especially if you want to expand your business for further equipment, products, or services. Find out how your own credit is evaluated, or...

Establishing identity theft procedures at lending institutions has become an essential part of doing business. Protecting customers from identity theft is not only good customer service, but it...

Structural models can be used to determine the probability of a default, the amount of money lost in a default and the correlation of default of different credit counterparties to each other. ...

According to the Washington Post, credit card charge-off rates reached a new high in August 2009. Banking regulations dictate that lenders charge off balances that remain unpaid for six months....

Credit risk management can be a very analytical and statistical process. Theoretical models used to measure and manage credit risk are often complex and highly quantitative. Well before credit...

Most people apply for student loans when they pursue higher education beyond high school like at a community college, vocational school, or university. Bad credit will not prevent you from...

Credit risk management is about understanding, measuring and mitigating the risk that a company will not be paid back by the counterparties that owe it money. Solutions that manage credit risk...

Accepting credit cards is crucial for a business. With so many people taking advantage of the convenience and security that credit and debit cards offer, it's important that you are able to offer...

If you own or are starting a business and extend credit to your customers or plan to, managing credit risk is very important. It can mean the difference between good profitability and marginal...

The most efficient way for a company to handle credit and collections is by making these separate departments. Each department should know how the other department functions and operates, even...

When a Canadian customer has not paid a supplier, either in Canada or elsewhere, the supplier will want to take action to alert other suppliers that this has happened. The best way is by using a...

Establishing credit for a business has similarities to establishing personal credit. It's important to establish different types of credit and to build a positive credit history by making company...

Corporate credit is essential if you want to start or expand your business. It's also a good idea for small-business owners to keep business and personal expenses separate. Still, applying for...

Owning or managing a business can be a challenging task. That task becomes even more complicated when your business extends credit to consumers for purchases. Unfortunately, not all of your...

If you run a business or are thinking about starting a business, you may consider reporting your business trade line on the credit files of your customers. This increases your odds of receiving...

Savvy landlords know the importance of conducting background checks on potential tenants. The extra effort spent on investigating a tenant's credit history and employment is well worth it to...

There are four major business credit reporting bureaus in the United States: Business Credit USA, Equifax, Dun & Bradstreet and Experian. Each of these bureaus charges a fee for the credit...

Management of credit risk is divided into a macro and micro view. The macro view looks at the entire credit exposure portfolio and tries to optimize asset allocation and the level of...

Obtaining corporate credit is a critical responsibility of corporate managers. Cash is the lifeblood of any business, and it will be extremely difficult to grow and operate your company without...

There are many reasons to start a small business. While it's true that many small businesses fail within their first year, the ability to fit your work around your family's schedule, to do...

Growing businesses use different payment systems to accept payments from their customers. Merchant payment system providers allow business owners to take checks and credit cards via electronic...

Interest Rate Swaps are contracts between two or more parties, called counterparties, in which they agree to exchange (or swap) streams of future debt payments. Interest rate swaps are derivative...

Whenever corporations want to raise money, outside of their primary buying and selling activities, they have two primary choices: They can do a stock issue or a bond issue. Issuing stock means...

Starting a business is incredibly tough. The fight to survive in a huge marketplace is daunting. The single most important advantage that a business owner can have is to make sure there is...

If you operate a business you need a credit card merchant account to process credit card payments. There are many advantages and disadvantages to having a credit card merchant account. The cost...

If you need to obtain a merchant account, but you have bad credit, you may think you're out of luck. However, there are a number of different ways that you can get that merchant account...

If you own a business and are not yet accepting credit cards, you may need to rethink your business model. Whether your business is online or offline, accepting credit cards can greatly benefit...

Commercial credit, also known as business credit, is any credit acquisitioned by an individual or business for business purchases. Commercial credit comes in many forms and is used for many types...

While a Chapter 13 bankruptcy offers the same legal protections as those filing a Chapter 7 case, there are some differences. Until the repayment plan approved by the federal court system in a...

Credit unions are not-for-profit organizations that exist to serve their members, individuals who have accounts with the credit unions. Credit union membership is limited by federal law to a...

Visa credit cards are among the most popular lending products in the world. People from most countries and with all types of credit history can secure a Visa debit or credit card to use for making...

Electronic commerce, also known as eCommerce, is the practice of selling goods and services over the Internet by using electronic methods of payment processing. Learn how to accept an...

It is easy for anyone, whether an entrepreneur or not, to obtain a corporate credit report. These files are considered public information, and many businesses and individuals get credit reports on...