by Penn Credit Corporation | Aug 11, 2023 | Accounts Receivable Management, Blog, News, Penn Credit Corporation
Life is full of uncertainties, and unexpected events can have a significant impact on your finances. This is where risk management comes into play. By implementing effective strategies, you can safeguard your financial well-being and mitigate potential risks. In this...
by Penn Credit Corporation | Aug 11, 2023 | Accounts Receivable Management, Blog, News, Penn Credit Corporation
Planning for the future is crucial, especially when it comes to your assets. Estate planning provides a roadmap for the transfer of your property and wealth after your passing. It ensures that your loved ones will be taken care of and that your wishes are respected....
by Penn Credit Corporation | Jul 12, 2023 | Accounts Receivable Management, Blog, News, Penn Credit Corporation
Managing accounts receivable is crucial for the financial health of any business. Delays or non-payment of invoices can negatively impact cash flow and disrupt operations. Implementing effective strategies to prevent accounts receivable delinquency is essential for...
by Penn Credit Corporation | Feb 22, 2023 | Blog, News, Penn Credit Corporation
A hedge fund is similar to a mutual fund. However, a hedge fund is usually involved in investments that carry higher risk and higher returns. While a hedge fund might engage in hedging transactions they do not necessarily do so as they employ other risk management...
by Penn Credit Corporation | Feb 22, 2023 | Blog, News, Penn Credit Corporation
The simplest form of taxation is a percentage surcharge on an item’s sale price. Tax can be charged at different rates for different products; for example, luxury items such as jewelry might be taxed higher than essential household goods like groceries. In some...
by Penn Credit Corporation | Mar 2, 2022 | Blog, News, Penn Credit Corporation
Fintech or financial technology is making a significant impact on the financial sector. It is changing the way people bank, receive financial advice, and interact with the bank. Fintech also provides ways to improve bank performance through automation. It can even...