Deep cracks are surfacing in global corporate debt markets. The timing of corporate bankruptcies is always difficult to predict, yet FRISK® score trends show that the odds of a bankruptcy wave have measurably increased.
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With escalating geopolitical tensions and heavy sanctions hitting Russia and China, corporations are sourcing alternative suppliers from other countries.

Credit professionals use CreditRiskMonitor®’s Trade Contributor Program to gain quality, real-time insights into their accounts receivable portfolio. We collect in excess of $2 trillion in trade data annually from our trade providers. After processing this data, we work with credit professionals to be more proactive and tactical with their accounts receivable to make healthier business decisions.

The FRISK® score routinely identifies zombies across all industries. In fact, total high-risk companies worldwide have increased by nearly 50% since October 2021, which indicates another wave of bankruptcies is on the horizon.

In preparation of future bankruptcies, credit professionals are using CreditRiskMonitor’s Credit Limit Ranges solution for automated monitoring on the size of credit lines.

CreditRiskMonitor's PAYCE® score is providing advanced warning on some high-profile private company bankruptcies already in 2023, with Simmons Bedding Company at the top of the list.