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Just as Confident As Last Year Q1 2012 7.11 Score

CMA’s Credit Confidence Score is experiencing a bit of deja vu. The Q1 2012 score of 7.11 out of 10 is the exact same as Q1 2011. CMA Members report orders and payment increasing, and they predict that payment will be on time for the coming quarter. While some are continuing to tighten their credit [...]

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No FREE Lunch – Michael Dennis, CBF

Years ago, I worked for a division of a Fortune 500 company with sales in excess of $1 billion a year.  One day, the CFO told me that she wanted DSO reduced by 15% within three months.   I responded that I would begin work immediately and report back within 24 hours.  I returned to my [...]

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From their website: Super Micro Computer, Inc. or Supermicro® (NASDAQ: SMCI), a global leader in high-performance, high-efficiency server technology and innovation is a premier provider of end-to-end green computing solutions for Enterprise IT, Datacenter, Cloud Computing, HPC and Embedded Systems worldwide. Supermicro’s advanced server Building Block Solutions® offers a vast array of modular, interoperable components [...]

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From their website: We are a professional company, diverse in our capabilities, and unified in our goals. Adolfo’s Contractor inc. is highly focused on its reliable and caring service to clients, prospects and all who work with us. Our Mission is be the company of choice for Construction in Southern California. We hold high standards [...]

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To Place or Not to Place for Collection – Michael Dennis, CBF

I recently received a call asking what I thought of this proposal to a creditor from a third party collection agency.  The agency would collect on a contingent fee structure debts at between 15% and 20% of the amount collected depending on the age of the debt when placed. If the standard collection process did [...]

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