by Tate Parker | Nov 2, 2017 | Business Owners/CFOs
My last article described several reasons why businesses owners and financial managers overlook the risk of getting paid. In Part 2, I’ll describe two ways that credit insurance helps a business better manage their risk. Increase operating efficiency Many times,...
by Tate Parker | Mar 7, 2017 | Bankers/Lenders
After giving a presentation to the lending team at a bank recently, I was asked “What do we need to watch out for when using credit insurance on a loan?” Great question! In my last post, I described how a business can use credit insurance to access more...
by Tate Parker | Jul 7, 2016 | Credit insurance basics
Trade credit insurance or accounts receivable insurance is a financial tool that protects a company’s cash flow when customers don’t pay for the products or services they’ve ordered. Credit insurance covers foreign and domestic accounts receivable...
by Tate Parker | Oct 20, 2015 | bad debt reserve, Business Owners/CFOs, credit insurance, credit management, credit protection, credit risk, Growth, Uncategorized, Working capital finance
In today’s competitive marketplace, all of us are looking for ways to differentiate ourselves and gain an advantage in winning business. The extension of credit is one of those strategic areas that can help do this. Managing Financial Risk It has been said that...
by Tate Parker | Feb 13, 2018 | Business Owners/CFOs
Although it isn’t a household name here in the US, the recent Carillion bankruptcy in the UK serves as a warning to us all. A reminder that there’s no such thing as “too big to fail”. It’s also a case study in normalcy bias, “a...
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