Understanding Your Credit Card Limit: 3 Things to Know

“We’re lowering your credit card limit,” is the last thing a business owner wants to hear. Businesses often use credit cards in the same ways that people do in their personal lives. This is not necessarily a bad thing. Credit cards are unsecured loans, meaning you do not have to put down collateral to use … Read more

The Kaplan Group Awards its 6th Annual $1,000 Scholarship

The Kaplan Group is pleased to announce that Billy Barber has won our 6th annual $1,000 Scholarship!  Billy is in his junior year at the University of Georgia.  He is studying finance with a minor in health policy and management.  Billy’s winning essay is reprinted below and was in response to the following prompt:  In … Read more

Good Debt & Bad Debt: 5 Things to Know

No one wants to be in debt. However, there are times when owing money in order to reach a higher goal is a good thing. It can be argued that our economic system requires some level of borrowing and owing. So, knowing whether a debt is good or bad for you or your business is … Read more

Business Debt, Now What?

Business debt is the hot trend no one wants to be a part of. Thanks to the global pandemic and resulting economic crisis, many businesses are having problems paying their bills. It would be great if you could take out some sort of insurance policy to help you pay bills in times of crisis. Unfortunately … Read more

5 Ways to Reduce Your Debt and Avoid Collections

If collection agents like me are calling you, you need to reduce your debt. The Covid-19 pandemic has been hard on a lot of businesses and business owners. People who have never been late with a payment in their life are suddenly facing a pile of bills. To avoid your account being sent to collections, … Read more

Debt Collection & Business Credit

For a business owner, your business credit rating is an important asset. Just like people, businesses sometimes have trouble paying their bills. This is especially true in the current economic environment. Commercial collection agencies like ours specialize in collecting on B2B debt. If your business is getting calls from a collection agency, you may wonder … Read more

Dos & Don’ts of a Payment Plan

Normally on this blog we give advice to our clients and creditors who are owed money. The pandemic and resulting economic impact are causing many companies to struggle financially for the first time.  Here are some tips for both debtors and creditors considering a payment plan as a way to resolve an issue. If you … Read more

A Collection Agent Is Calling: Help!

A 2019 report found that millions of Americans did not have enough money to survive missing even one paycheck. Well, it’s 2020 now, and we’re in the middle of an international pandemic. A pandemic that has caused millions of Americans to miss that one paycheck, and more. So, it’s no surprise that people are falling … Read more

Six Strategies to Strengthen Cash Flow During a Pandemic

Cash Flow is King during COVID-19

Cash is King during COVID-19. Poor cash flow can cause a significant number of financial issues but in a pandemic it can destroy your business. The good news is, strengthening your cash flow in a volatile environment can improve your overall cash position. Cash flow is about both bringing in more cash and spending less … Read more

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