For Apple, providing capital support to its supply chain is an option, but for most companies bailing out critical suppliers is not financially feasible, let alone an option on the table. Is your supply chain secure?
Telecom leader Windstream Holdings, Inc. paid their bills on time right up to their bankruptcy filing – while payment data analysis missed their troubles, the FRISK® score noted their elevated risk level for years.
U.S.-based mining outfit Westmoreland Coal Company filed for Bankruptcy in Oct. 2018, unable to service it's debt load once loanable collateral had been exhausted.
Public and private companies need to be proactively evaluated in distinct, different ways by risk management professionals - fortunately, with the FRISK® score and PAYCE® score, CreditRiskMonitor has world-class solutions for both subportfolios.
The FRISK® score is a game-changing tool that combines several key inputs to assess bankruptcy risk. Here’s how credit manager crowdsourcing play a role.