Blog
Trade Risk Group is always striving to learn what is most important about current economic and financial conditions, and looks to consolidate the most useful information and provide it for the benefit of credit and risk management professionals.Credit Insurance – Things To Do During COVID19
Written By: Gene Ferraiolo At this writing, we are about 3 months into Covid19, and there is tremendous anxiety everywhere about our health and about the global economy. Business pressure is intense and widespread. Corporate bankruptcies, which tend to be...
COVID19 Newsletter
After the worst quarter in history, the S&P 500 had one of its best months on record in April. Though it remains well shy of pre-pandemic levels, this offers a flicker of hope and perhaps even a hint of market resilience. Caution is advised by a great many...
6 Ways to reduce unworkable letters of credit
Credit managers are often faced with the task of getting paid when they have a letter of credit that contains conflicting issues. Compounding this problem is the fact that banks have no incentive to change their practices regarding fee-generating services since the...
Extra Credit – Fall 2014 Newsletter
Soft Credit Insurance Market Equals Opportunities for Credit Pros Things aren’t too bad now. Right? Business bankruptcies are down 52.9% in the first half of 2014 compared to the same period in 2009, when corporate bankruptcies hit their peak at 60,837. Many US...
Extra Credit – Summer 2014 Newsletter
Can a Company Use Chapter 11 to Shield Itself from All Product Liability? An interesting legal question that will be playing itself out over the next number of months is whether a company’s Chapter 11 filing gives it the ability, once it has emerged from Chapter 11,...
How to Protect Against Commercial Non-Acceptance of Goods
If you are an exporter, and you sell using secured terms like cash against documents, one risk in your transaction is that you deliver your product in good faith to your customer’s port, but your customer does not accept them. For exporters of commodity products,...