At the start of the year, Pakistan’s economy showed remarkable improvement after years of high inflation debt and trade deficits. This positive shift was supported by improved macroeconomic management, inflation control measures and greater fiscal and external account stability.

Construction credit professionals know that risk can lurk around any corner, with each transaction posing a threat of late or missing payments. Luckily, there are laws that carve out special protections for credit managers working in construction.

There is a lot to consider when assessing the risk of international transactions, making real-time information on risk trends incredibly valuable to credit managers tasked with making quick decisions. With supply chain issues, tariff confusion and global conflict growing, assessing the risk of an international transaction is harder.  

Sales and credit are two sides of the same coin, both aiming to grow the business, but from different perspectives. While sales focuses on closing deals, the credit team works to manage risk, ensuring customers are financially reliable and contract terms are sound. These different priorities can often lead to tension. 

The United Kingdom’s economy shrunk for the second month in May, with gross domestic product falling by 0.1%. While many economists expected the economy to grow in May, the country had a hard time navigating global economic instability.

In a rare bankruptcy-focused hearing in the House on July 15th, Members of Congress demonstrated a surprising level of interest in the topic, discussing an array of six or seven potential changes to bankruptcy code, but not quite achieving consensus yet. One proposal that, on the surface, received wide bipartisan support was restoration of the COVID-era Subchapter V $7.5 million debt eligibility ceiling. Looking more deeply, however, it is a little too early to call it a done deal.

Imagine a business thriving at the peak of its busiest season. Sales are booming, and the future looks bright, until their largest customer suddenly files for bankruptcy. Overnight, expected revenue vanishes and invoices go unpaid. Unable to absorb the blow, the small business soon faces bankruptcy too, leaving suppliers unpaid and triggering a ripple of financial losses throughout the supply chain.