“lenders on the panel do not wait until month end for the AR aging, and none would lend to a company unable to provide aged AR almost instantaneously” As we look to how technology continues to change the world around us and how we conduct business, Fintech represents a new era of [...]
We have seen a convergence after years of cheap money, lots of liquidity, and companies pilling on debt loads that is now converging with a bankruptcy predictor called the “Z Score”. This is creating a blinking yellow light according to legendary bankruptcy expert Dr. Edward Altman. As these two interlocked factors start to create warnings [...]
