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Usually, credit risk is not of big importance. The business simply finds a customer and starts dealing. Goods are leaving the warehouse; money is coming to the bank account. The cooperation seems profitable and the future looks very promising. Until something goes wrong. One day a customer pays late. Then, they delay payments regularly. Finally, they file for bankruptcy. No cash, no profit, no sales. Easy money turned into a headache called bad debt. It seems to be sudden and unpredictable, but it is not. The above scenario is usual for everyone granting credit to counterparts without knowing their creditworthiness. 'Crossed fingers' could be a strategy, but there are other, more productive ways to deal with credit risk. We held a #MarsterClass dedicated to the Evaluation of Creditworthiness. Should you wish to use tools with a clear understanding of their properties - feel free to watch the video. If you have any needs pertaining to: High-Quality International Credit reports Professional Creditworthiness Evaluation Comprehensive Trade Credit Structuring Bespoke Portfolio Analytics Please feel free to schedule a meeting with Andriy Sichka via the following link https://calendly.com/creditengineerin... Detailed information about out Trade Credit Solutions service line you can find on our website www.creditengineering.com Do you wish to learn Credit Management in-depth? The new flow of our 'Credit and Accounts Receivable Management' (DipCM) course starts on November 13th. You will find details and registration form via the following link https://creditengineering.com/en/trai... Also, our Trade Credit Decision-Making Masterclass is available on Udemy https://www.udemy.com/course/trade-cr... Follow @creditengineering on social media: 🤝 FaceBook / creditengineering 🤝 LinkedIn / creditengineering 🤝 Patreon / creditologist