‘TRUST, BUT VERIFY’ CREDITWORTHINESS
By Jen Angell January 4, 2013 0 Comments
More than four years after the peak of the US financial crisis, financial professionals, businesses, and borrowers still remain cautious about their exposure to risk.

Michael Mazzarino, founding partner of strategic advisory firm The SCA Group LLC, says that in addition to quantitative verification, credit managers should consider qualitative checks. “It’s extremely useful to get in a car or airplane to visit the supplier, partner or customer,” he says. “You see a lot that you don’t often see in the analysis of financial statements or projections.”

Read the Full Story on Huffington Post or Accounting Web

⇐ Is Your Company Ready To Go Public?
Credit Quality Matters: Evaluating Financial Risk ⇒