Credit control

Portman Ridge Finance Corporation Announces Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Wednesday, March 13, 2024
Joint Ventures, CLO, Certified Public Accountant, AQR Capital, University, PwC, Central Florida, Credit control, Joint venture, Policy, NAV, Par, Controller, Treasurer, American Institute, Investment, NII, Share repurchase, Total, Cryptocurrency

NEW YORK, March 13, 2024 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (Nasdaq: PTMN) (the “Company” or “Portman Ridge”) announced today its financial results for the fourth quarter and full year ended December 31, 2023.

Key Points: 
  • Reports Strong Year-Over-Year Performance with Total Investment Income of $76.3 Million, an Increase of 9.6% and Net Investment Income of $34.8 Million
    NEW YORK, March 13, 2024 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (Nasdaq: PTMN) (the “Company” or “Portman Ridge”) announced today its financial results for the fourth quarter and full year ended December 31, 2023.
  • Total investment income for the fourth quarter of 2023 was $17.8 million, a decrease of $0.8 million as compared to $18.6 million for the fourth quarter of 2022 and a decrease of $0.8 million as compared to $18.6 million for the third quarter of 2023.
  • Core investment income1, excluding the impact of purchase price accounting, for the fourth quarter of 2023 was $17.7 million, unchanged from the fourth quarter of 2022 and a decrease of $0.6 million as compared to $18.3 million for the third quarter of 2023.
  • The increase in NII in the fourth quarter of 2023 was the result of a one-time expense reimbursement from the Company’s investment adviser.

Chaser Releases In-App Credit Checking

Retrieved on: 
Tuesday, August 3, 2021
Money, Finance, Credit, Economy, Personal finance, Credit history, Credit score, Chaser, Credit control, Debt

LONDON, Aug. 3, 2021 /PRNewswire/ -- Chaser, the credit control automation platform and service provider, today unveiled a new credit checking feature that helps businesses learn more about their customers' payment behaviours and helps them make more informed decisions on who they choose to do business with. The feature is part of the company's complete suite of tools to help businesses better manage their customer relationships, providing them with the insights they need to support business growth.

Key Points: 
  • LONDON, Aug. 3, 2021 /PRNewswire/ -- Chaser , the credit control automation platform and service provider, today unveiled a new credit checking feature that helps businesses learn more about their customers' payment behaviours and helps them make more informed decisions on who they choose to do business with.
  • Credit checking is one of the most important aspects in a credit control process.
  • Chasers credit reports include credit history, credit limits, financials, company structure and shareholder information.
  • Chaser Technologies Limited helps businesses get paid sooner with its award-winning payment all-in-one credit control automation platform, debt collections agency and outsourced credit control services.