4 ms·
You can get insurance on your receivables, which is the real immediate risk. Lost revenue is one thing, but right now a lot of companies are refusing to pay or
by themagician 7y ago
You can get insurance on your receivables, which is the real immediate risk. Lost revenue is one thing, but right now a lot of companies are refusing to pay or changing payment terms and many will go bankrupt.
If you are owed $500k in the next 90 days from a company that’s going to default on its debt obligations there’s a good chance your receivables will fall apart long before revenue itself is actually a problem.