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Reasons Why Business Loans Are Financially Beneficial

Taurus Collect

For businesses that need a little extra financial support to make their operations more efficient or expand, taking out a loan can provide the necessary capital and access to new opportunities. Business loans also come with flexible repayment plans that make it easier to pay back the amount borrowed over some time.

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Debt Collection Tips for Startups: 6 Steps Entrepreneurs Must Take to Survive

Taurus Collect

This model not only alleviates the financial pressure on emerging businesses but also ensures that debt collecting in the UK becomes a more accessible process. Here are some key points to consider for better debt recovery in the UK: Clear Payment Terms: Specify due dates, acceptable payment methods, and late payment penalties.

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5 Crucial Data Modernisation Considerations for Collections Operations

Taurus Collect

This blog post delves into five critical considerations for data modernisation in collections operations. Think About Changing Business Processes to Streamline Operations Pay close attention to the evolution of collection methods, specifically the emergence of the “ No Collection, No Fee ” model.

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When To Escalate An Invoice To Debt Collection Services  

Taurus Collect

Late payments can be a significant problem for any business, and when it comes to collecting unpaid invoices the situation can become difficult. Knowing how and when to do this can make all the difference in getting back what you are owed without having to resort to legal action or costly delays impacting your business’s bottom line.

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How Debt Collection Agencies Are Transforming the Business of Courts

Taurus Collect

Are you a business owner struggling to properly manage accounts receivable and collect past-due payments? Debt collection agencies are transforming how courts handle delinquent accounts, making their services a valuable asset for businesses large and small. With so much at stake, it’s essential to make the right decision.

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How This Single Mom of Two Paid Off $43,000 in Credit Card Debt in 16 Months

Credit Corp

I had about $175 for emergencies, which was clearly not enough money to make a difference. To supplement my income, I used my credit cards even more to help cover my bills and pay for my moving expenses. This caused my credit score to plummet. I went from about a 720 credit score to a 545. Subtract Expenses. Add Income.

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6 Digital Transformation Trends Highlighted at FICO World 2022

Fico Collections

From BNPL to automated decisions with a human face, digital transformation trends are changing the way businesses work. At FICO, we know how to turn data and insights into actions to achieve desired business outcomes. Like many of our clients, we’re now doubling down on this approach to digital transformation.