The CreditRiskMonitor^® Blog

Commercial bankruptcy filings trended higher in 2024, with FRISK^® Scored bankruptcies reaching 215 – an increase from 191 in 2023. For eight years, the FRISK^® Score demonstrated 96% accuracy in predicting bankruptcy.

A dormant debt powder keg ignited in 2023; as bankruptcies continue to explode in 2024, risk professionals must set into motion a multi-faceted approach to financial risk evaluation.

CreditRiskMonitor offers up five quick and important facts that you need to know about struggling JOANN Inc. to make a more solid business evaluation, which could include an alteration of credit extension or a pivot to a peer.

With escalating geopolitical tensions and heavy sanctions hitting Russia and China, corporations are sourcing alternative suppliers from other countries.

CreditRiskMonitor® offers up five quick and important facts that you needed to know about now-bankrupt WeWork Inc. to have made a more solid business evaluation – or, more advisable, an alteration of credit extension or a pivot to a peer.

CreditRiskMonitor® offers up five quick and important facts that you needed to know about now-bankrupt Rite Aid Corporation to have made a more solid business evaluation – or, more advisable, an alteration of credit extension or a pivot to a peer.

Now is the time for anyone who has neglected establishing a strong credit culture to learn how to best sound the alert, arming yourself with CreditRiskMonitor’s offerings.

CreditRiskMonitor offers up five quick and important facts that you needed to know about now-bankrupt Yellow Corporation to have made a more solid business evaluation – or, more advisable, an alteration of credit extension or a pivot to a peer.

SupplyChainMonitor forewarned of Yellow Corporation’s high bankruptcy risk via the FRISK® score, all while our peer analysis within SupplyChainMonitor provided clients with the tools to find the best trucking alternatives to prevent future disruptions.

Bankruptcy filings are dramatically increasing in 2023; several large Chapter 11s have been accurately predicted already with the aid of our exclusive crowdsourcing data input, made available only to CreditRiskMonitor subscribers.

With more than 1,000 Chinese businesses already facing global sanctions, supply chains are rapidly reorganizing supplier footprints due to severe country-related business risks.