credit Archives - CFO

Equipment Finance Borrowings Jump 20% in May

Equipment Finance Borrowings Jump 20% in May

"Even more robust demand for financing is being constrained by supply chain shortages in several economic subsectors."

By Matthew Heller | June 23, 2021

Equipment Finance Borrowings Jump 4% in March

Equipment Finance Borrowings Jump 4% in March

“We are starting to see pent-up demand for goods and services leading to expanded capital budgets for equipment to produce it."

By Matthew Heller | April 23, 2021

Metric of the Month: Invoices Billed to Customers With Credit Terms

Working Capital

Metric of the Month: Invoices Billed to Customers With Credit Terms

Credit carries risk, but smart credit policies help the business grow.

By Perry D. Wiggins, CPA | March 1, 2021

U.S. Confidence Starts to Rebound

U.S. Confidence Starts to Rebound

Finance executives are more optimistic about the domestic economy, but they expect a slow recovery.

By Lauren Muskett | September 9, 2020

Equipment Finance Borrowings Dip 7% in April

Equipment Finance Borrowings Dip 7% in April

Lenders are suffering from "the effects of the coronavirus pandemic, with volume levels and portfolio quality metrics both falling in tandem."

By Matthew Heller | May 27, 2020

U.S. Household Debt Reaches New Heights

U.S. Household Debt Reaches New Heights

A rise in mortgage, auto loan, and credit card balances drives a record amount of post-financial-crisis consumer debt.

By Vincent Ryan | August 14, 2018

Sears Cutting Corporate Office Jobs

Sears Cutting Corporate Office Jobs

The job cuts are part of the ailing retailer's goal to shave $1.25 billion off annual operating costs.

By William Sprouse | June 13, 2017

Non-Prime Online Lender Sets IPO Terms

Non-Prime Online Lender Sets IPO Terms

Elevate Credit loans money "to the vast and underserved segment of 170 million non-prime consumers in the U.S. and U.K."

By Vincent Ryan | March 28, 2017

Auto Sales Slowdown Driving Risk for Lenders

Auto Sales Slowdown Driving Risk for Lenders

Moody's says credit risk is rising at a time when the average dollar amount of negative equity at trade-in is at record levels.

By Matthew Heller | March 28, 2017

Equipment Financing Nosedives

Growth Companies

Equipment Financing Nosedives

New business volumes dropped substantially in July and are off 8% compared with 2015, says ELFA.

By Vincent Ryan | August 25, 2016

Experian Reveals Hack of T-Mobile Customer Data

Experian Reveals Hack of T-Mobile Customer Data

Cyber thieves accessed information on 15 million consumers that T-Mobile provided Experian for credit checks.

By Katie Kuehner-Hebert | October 2, 2015

Etsy Launches Pilot Crowdfunding Program

Growth Strategies

Etsy Launches Pilot Crowdfunding Program

A lot of sellers on the online crafts marketplace see financing as a big hurdle to growth.

By Matthew Heller | June 16, 2015

Credit Conditions Brighten for Small Businesses

Growth Companies

Credit Conditions Brighten for Small Businesses

The Experian/Moody’s Analytics Small Business Credit Index shows credit balances growing and delinquency rates dipping to cyclical lows.

By Katie Kuehner-Hebert | February 18, 2015

Cost-Saving Idea: Don’t Take Credit Cards

Cost-Saving Idea: Don’t Take Credit Cards

Credit cards are increasingly used in business-to-business transactions, and the associated fees are cutting into profitability, says REL.

By Matthew Heller | October 30, 2014

Banks Cutting Spreads to Win Borrowers

Risk & Compliance

Banks Cutting Spreads to Win Borrowers

Tighter spreads, lower credit line fees, fewer interest-rate floors, looser covenants — banks continue to ease terms to build their business loan books.

By Vincent Ryan | May 5, 2014