by Tom Claybaugh, President, MSCCM | Dec 14, 2016 | Blog Posts
Before venturing out to start small businesses, people often ask themselves, “How will this affect my personal financial situation?” Many are fearful new venues will have negative implications on their personal credit and debt ratios. In The Face of Small Business...
by Tom Claybaugh, President, MSCCM | Nov 2, 2016 | Cash Flow
Have you ever waited around on pins and needles for a customer to pay a bill? Do you often check your accounts receivable transactions to see where you stand? Most business managers go through this, and the longer they do, the more anxious they feel. These thoughts...
by Tom Claybaugh, President, MSCCM | Oct 26, 2016 | Risk Management
Despite your best efforts, an unavoidable part of doing business is the occasional uncollectible account. Although every business owner wants to avoid this and does her or his best to do so, uncollectible accounts are inevitable. These accounts are receivables or...
by Tom Claybaugh, President, MSCCM | Oct 5, 2016 | Collections
Living in a truly global economy has international commerce on the rise. While it’s great for business, a unique set of risks comes with this new marketplace. Extending credit to a company leader overseas takes extra care because of the added risk and logistics...
by Tom Claybaugh, President, MSCCM | Sep 28, 2016 | Risk Management
One of the biggest credit management risks that business leaders face is something many may not have considered: business-to-business (B2B) fraud, including bankruptcy fraud. B2B fraud occurs when a member of a business you have contracted with purposefully and...
by Tom Claybaugh, President, MSCCM | Sep 21, 2016 | Collections
If you have heard anything about commercial collection agencies, chances are it was not necessarily positive. Maybe you heard collection agencies are expensive or their employees ruthless — or perhaps that they are simply unnecessary. As a result of these misgivings,...
by Tom Claybaugh, President, MSCCM | Aug 16, 2016 | Risk Management
A credit report evaluation is a good first step in your credit review process, allowing you to see if a new customer is worth the risk. It can certainly offer valuable information, but to take this review a step further, you’ll need to look at the company’s financial...
by Tom Claybaugh, President, MSCCM | Aug 5, 2016 | Blog Posts
Will you be attending the Credit Research Foundation (CRF) Expo Monday, Aug. 8, through Wednesday, Aug. 10, in Chicago?Jack Tootill and Tom Claybaugh will be at the Mountain States Commercial Credit Management (MSCCM) booth, ready to discuss all things credit!Keep up...
by Tom Claybaugh, President, MSCCM | Jul 27, 2016 | Blog Posts
As times have changed and the credit industry has evolved, the role of credit managers has changed, too. Credit managers and business owners adopt different perspectives to ensure their businesses will be able to survive in changing markets. One way to get in on their...
by Tom Claybaugh, President, MSCCM | Jul 13, 2016 | Blog Posts, Risk Management
When we think about credit management, it’s easy to get focused on the day-to-day operations of sending invoices and collecting payments. It can be hard to see the forest through the trees, so to speak.But if the recession of 2008 taught credit managers and...
