In June, we told you about the SBA’s quarterly data reporting requirements. This is a hot topic with all of the SBA lenders right now. For over a year, the Small Business Administration has required that all SBA loans are to be reported to the commercial credit bureaus on a quarterly basis.
The Credit Manager is the one person in the organization with both the tools and to resources to be the most qualified person to compile, digest and analyze risk and opportunities of the business as a whole. While their primary focus is, rightly, managing the risk of the accounts receivable portfolio, the skill sets of the credit manager can also be invaluable in analyzing and advising on key supplier viability.