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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. And as global economic integration deepens, so does the complexity and scale of these risks. Do you need help assessing customer credit risks?

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Seven Observations from Silicon Valley Bank's Failure

Your Virtual Credit Manager

Readers of Your Virtual Credit Manager can now access sharply discounted business credit reports from D&B, Experian, or Equifax through our partner aaccredit. Learn More About Credit Reports 5. This is another reason to re-evaluate the credit risks lurking in your AR portfolio.

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A guest blog from Curtis Fort from the Construction Credit and Finance Group.

JSP Credit Management

After the 2008 recession, businesses began to rely less on traditional credit lines and more on factoring and accounts receivables. Experts believe this trend will continue to grow as more and more businesses forgo credit lines and factor accounts receivable.

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Working With The V-word In Debt Collection

JSP Credit Management

JSP Credit Management currently allows clients to instruct us on an overdue debt via an automated web form available on our website, but what it is seemingly missing currently is a possibility that allows our future clients to tell us if the case they are instructing us on involves a vulnerable customer. We will get that changed!