A lot of businesses have struggled to say in the black since last march when the Covid-19 pandemic started. Both established businesses and startups took a hit. Many had to reduce their operating hours, admit fewer customers to brick and mortar stores, or even shut down temporarily. Without a consistent… Read More »7 Tips to Dig Your Business Out of Debt
Last year brought new financial burdens to businesses and private citizens alike. Financial uncertainty stemming from the Covid-19 pandemic threw many household’s finances into disarray. 63% of people who reported that their financial situation declined last year, cited the loss of a job as the reason why. Even the government… Read More »Common Sources of Debt in the U.S.
Congress recently approved the third stimulus relief package, which is a part of the $1.9 trillion American Rescue Plan Act. President Biden signed off on the American Rescue Plan Act on March 11, 2021, and the first stimulus checks started rolling out the same weekend. The $1,400 stimulus checks will… Read More »Stimulus Checks Provide Debt Relief
A Texas federal judge ruled that the CDC moratorium on evictions is unconstitutional. The moratorium was enacted after Congress authorized the CDC to take steps to stop the spread of communicable diseases. Many people were concerned that mass evictions would lead to homelessness for many individuals, and the homeless population… Read More »Texas Judge Rules Against CDC Eviction Moratorium
We are living in unprecedented times. Unemployment has skyrocketed because so many people are out of work due to the COVID-19 lockdown. Many are struggling to pay their bills, let alone pay the debts they owe to businesses like yours. And with so many small businesses on restricted hours, or… Read More »How SWR Can Help Your Business During the COVID-19 Pandemic
The past year has been very difficult for American businesses. Due to lockdowns and social distancing restrictions, many businesses have seen greatly reduced income or had to shut down completely. All of this has had a trickle down effect on the rental industry. Widespread business losses have caused massive unemployment… Read More »How COVID-19 Is Affecting Apartment Collections
I can’t think of a time when people have been as ready for a new year as they were at the end of 2021. Sure, people make resolutions and promise a “new year, new me” every year, but there is something different about this particular transition. Even now, a few… Read More »How To Set Your Business Up for Debt Collection Success in 2021
As we all start counting down the days to January 1st, 2021, it’s time to set a New Year’s Resolution or two for your business. There is so much uncertainty heading into the upcoming year. You should have attainable and quantifiable goals. This is a good way to stay motivated.… Read More »New Year’s Resolutions for Your Cash Flow