Since the economic downturn in 2008, many thousands of businesses, large and small, have declared bankruptcy. For most companies, losses due to customer defaults are infrequent, however, when they occur,
After some dismal few years, North American credit insurers are finding salvation in the weak dollar, a booming Chinese market and a rise in the number of exporters offering credit.
In January, Michael A. Lazarus found himself in a bit of a sales dilemma. He wanted to take on several new, major customers for his fabricated steel distribution business, Millennium