Overview

State Business Entity Databases

Each state's Secretary of State department maintains a database of public businesses that have acquired a business license within the state. Any entity seeking to verify a business can use the state… Read More

Best Practices for Effective Use of Letters of Credit

One tried and true method for minimizing risk of nonpayment is to require that your international customer supply you with a Letter of Credit (LC) obtained from their bank.While LCs are among the… Read More

Place Arbitration Clause & Personal Guarantee in Your Int'l Credit Application

At a recent ABC-Amega (www.abc-amega.com) webinar, “Strategies and Techniques for International Debt Recovery,” David Greenberg, Assistant VP International, covered a host of global credit and

Can You Be Sure Your Online Credit Application is Secure?

Do you have questions about authenticating and routing sensitive financial information online? Do you ask credit applicants to provide personal guarantees, but are concerned about receiving

Online Credit App Plus E-signature Delivers Strong AR/Credit ROI

It’s a surprise to learn, given all the publicity about the current U.S. e-commerce landscape, that just one in six B2B invoices today is sent electronically, according to recent Aberdeen Group

Effective Global Currency Management Now a Critical Credit Skill Set

Foreign exchange (FX) risk has emerged as a key challenge for AR and credit management, as more U.S. companies grow sales overseas, especially in developing markets. Today’s high rates of currency

How to Mitigate Risk With a Purchase Money Security Interest Secured Transaction

In today’s challenging business climate, companies aiming to stay competitive must find creative ways to maintain and grow sales while simultaneously mitigating payment risks. One way to accomplish

How AR & Credit Can Promote and Support Company Sales Efforts

Unfortunately, tension between the AR/credit and sales departments is all too common. Sales may view AR and credit as often arbitrarily denying potential customers credit, or imposing such overly… Read More

Checklist of Information for International Credit Applications

Information Requested of Customers on International Credit Application In today's riskier global environment, it is critical to update your international credit application to get more of the

U.S. Supreme Court Green Lights Credit Bidding

In a unanimous decision, the U.S. Supreme Court ruled that secured lenders had the right to credit bid – or use their secured collateral in lieu of cash – at bankruptcy auctions. Under credit