Remove 2008 Remove Accounts Receivable (AR) Remove Credit Management
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Seven Observations from Silicon Valley Bank's Failure

Your Virtual Credit Manager

Subscribe now Lessons to Be Learned Looked at from the perspective of somebody responsible for the management of a portfolio of accounts receivable (AR), the events surrounding the SVB collapse present a cautionary tale. Any enterprise extending credit to another business needs to have real treasury expertise.

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Get Ready for a Wave of Commercial Bankruptcies

Your Virtual Credit Manager

After, the Great Recession of 2008, commercial bankruptcies peaked in 2009 and did not drop below pre-recession levels until 2012. Clearly, the level of Business Credit Risk is going to remain elevated as we move through 2024, bringing with it the potential for corresponding increases in bad debt and delinquency.

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Is Granting Credit Terms Worth the Risk?

Your Virtual Credit Manager

In such an ideal scenario, every customer would have both the ability and the integrity to pay their bills in full and on time, eliminating any need for a credit management. The pressure is on for executives with credit responsibilities to navigate this ever-expanding minefield with precision and foresight. What are the risks?