CreditRiskMonitor

08/08/2023

CreditRiskMonitor and Allianz Trade, the world’s leading trade credit insurer, are pleased to announce the approval of CreditRiskMonitor as a Discretionary Credit Limit (DCL) report provider.

Read More: crmz.com/m2114

06/27/2023

Struggling with debt and declining sales, ATM and Point of Sale tech manufacturer Diebold Nixdorf, Inc. has filed for Chapter 11 protection. Our subscribers, armed with the FRISK® Score, would have made an early withdrawal before bankruptcy struck. crmz.com/m9233

05/01/2023

A hearty congratulations to Mike Flum on being appointed our company's new Chief Executive Officer!

Press Release: https://www.creditriskmonitor.com/resources/press-releases/creditriskmonitor-announces-michael-flum-appointed-ceo-jerry-flum-will

04/10/2023

Tupperware Brands Corporation is fighting to keep a lid on its fast-growing debt and bankruptcy risk potential. Is a Chapter 11 filing simply a matter of time? crmz.com/m5392

Tupperware Brands Corporation is fighting to keep a lid on its fast-growing debt and bankruptcy risk potential. Is a Chapter 11 filing simply a matter of time? The Orlando-based company's FRISK® score sits currently at a "2," indicating intense financial risk relative to the average corporation:

04/07/2023

In preparation for future bankruptcies, credit professionals are using CreditRiskMonitor’s Credit Limit Ranges solution for automated monitoring of the size of credit lines. crmz.com/m0889

Commercial defaults and bankruptcy filings are rising in 2023. CreditRiskMonitor® accurately predicted the three largest bankruptcies year-to-date of Avaya Holding Corporation, Party City Holdco Inc., and Simmons Bedding Company, LLC.

04/06/2023

Armed with CreditRiskMonitor's SupplyChainMonitor product, procurement teams worldwide are restructuring by onshoring, nearshoring, and avoiding increasingly risky countries. crmz.com/m7732

Corporate supply chains have shifted dramatically amid the Russia-Ukraine war and ongoing geopolitical conflicts with China. Armed with CreditRiskMonitor®’s SupplyChainMonitor™ product, procurement teams worldwide are restructuring by onshoring, nearshoring, and avoiding increasingly risky coun...

01/23/2023

Total high-risk companies worldwide have increased by nearly 50% since October 2021, which indicates another wave of bankruptcies is on the horizon. Review your most distressed counterparties and take appropriate steps to manage exposure with our team.

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.

09/01/2022

Bed Bath & Beyond all hope of a turnaround? Declining net sales and growing operating and net losses have a mighty retailer on its heels. Bankruptcy could very well be nearing. Our report: crmz.com/m5844

08/04/2022

A bankruptcy wave to come? The challenged consumer environment will continue to pressure retailers and restaurants, which spells trouble for the collective group but especially for operators with red zone FRISK® scores. crmz.com/m0222

08/02/2022

Scandinavian airliner SAS AB has been grounded by bankruptcy, toiling for many months on a tightrope due to massive debt and a global COVID-19 pandemic which cut deep into their revenue in recent years. crmz.com/m6145

06/16/2022

Online automotive retailer Carvana is rapidly burning through cash and sought out private equity financing as banks were unwilling to carry the risk. Before you extend credit, you may want to pump the brakes. crmz.com/m7660

06/02/2022

After surviving the COVID-19 pandemic, Rite Aid Corporation is still dealing with a heavy debt load and recurring net losses. Is bankruptcy nearing? crmz.com/m4996