Even with government intervention, trade credit insurance is waning at the exact time when it is needed most. The longer the coronavirus persists, the more bankruptcies will ensue and the harder it will likely become to acquire trade insurance.
Resources
Stay ahead of public company risk with our bankruptcy case studies, high risk reports, blogs and more.
As the Bank of England has already raised interest rates in the U.K., the U.S. Federal Reserve is telegraphing at least three interest rate hikes in 2022. With interest rates on the rise, many companies will go from muddling through to facing extreme financial duress.
The FRISK® score highlights the most critical public company risks in your portfolio as soon as possible so you can spend time on the relationships that need the most attention.
In the COVID-19 age, institutional investors and CLO managers have reined in their appetite for incremental leveraged loan issuance. Corporate borrowers, as consequence, are bearing the brunt of this fallout.
With economies around the world on the brink of recession, or already in one, any professional monitoring financial risk needs to establish proper oversight now before commercial bankruptcies wreak greater havoc upon their portfolio.
CreditRiskMonitor anticipates tighter access to credit in the years ahead and an escalation in bankruptcy filings – if we’re not heading for a recession, it may be a depression.
Credit professionals should remain attentive to Tesla’s low FRISK® score, as well as their suffering operating performance, leverage and liquidity.
Public and private companies need to be proactively evaluated in distinct, different ways by risk management professionals - fortunately, with the FRISK® score and PAYCE® score, CreditRiskMonitor has world-class solutions for both subportfolios.
With more than two decades' worth of usage data on the research patterns of credit and procurement professionals in hand, CreditRiskMonitor has discovered that the aggregate sentiment signals displayed by this group are highly predictive of company bankruptcy.