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Credit Outlook July 2024
Increase in Bankruptcies Tied to Increase in Junk-Rated Borrowers Economic Update In June, the US manufacturing rate was 48.5% dropping by 0.2% from the previous
Increase in Bankruptcies Tied to Increase in Junk-Rated Borrowers Economic Update In June, the US manufacturing rate was 48.5% dropping by 0.2% from the previous
Credit Headwinds Continue As Economy Holds Steady Economic Update U.S. manufacturing continued to decline, with May representing a 0.5% decrease from April. Despite soft demand,
Remittance advice plays a crucial role in the repayment process between customers and suppliers. It acts as proof of payment, assuring suppliers that a payment
Late payments can be a frustrating reality for businesses, disrupting cash flow and hindering operations. If A/R account delinquencies and late payments increase and reduce
Credit Uncertainty Lingers As Small Businesses Struggle Economic Update Manufacturing growth in the U.S. stalled in April, falling back into contraction after a single month
US corporate bankruptcies in April reach highest monthly level in a year In April, US corporate bankruptcy filings surged to their highest level in a
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Global Commercial Credit (GCC), is the premier specialty broker of domestic and export credit insurance. Our brokers specialize in business credit insurance, trade credit insurance, and account receivable insurance as well as other credit insurance services nationwide. As a leading credit insurance broker, we represent all of the carriers who specialize in this unique coverage.
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