What Are Nacha Rules? A Complete Guide
Feb 24, 2021 MicroBilt News
The Automated Clearing House (ACH) network facilitates seamless and secure electronic payments in modern financial transactions. Last year alone, over $72 trillion were transferred through the network. Governing the ACH and the method these transactions take place are the rules and regulations set forth by Nacha.
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4 Important Reasons To Conduct a Criminal Background Check
Feb 19, 2021 MicroBilt News
Are you working on hiring new talent for your business? There's a lot that goes into this process. You have to do interviews, sift through hundreds of applications, and gauge whether or not the new hire would mesh well with the rest of your employees.
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What Is Alternative Credit Data (and Why Is It Important?)
Feb 08, 2021 MicroBilt News
Using an alternative credit data source lets you make a credit decision based on a more complete profile of the applicant.
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Military Lending Act: Screening Your Potential Customers
Jan 25, 2021 MicroBilt News
Compliance is critical for lenders who work with military service members and their dependents to help you avoid the penalties and fines associated with failure to comply. These are some of the more critical details for lenders to be aware of when working to ensure you stay within Military Lending Act compliance.
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Business Valuation: What it Is and Why it Matters
Jan 20, 2021 MicroBilt News
A business valuation is an essential tool prospective buyers use to determine if they are interested in purchasing a business. Ultimately, it offers a big picture “snapshot” of the owner’s interest in a business. It is a tool many buyers use to help them determine how much they are willing to pay for your business.
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