Hilco Global has issued a timely report that explores the current state of the US economy with a narrowed focus on the rise of consumer debt and how that will inform near-term receivables planning for businesses and creditors.
 
A Rising Tide of Consumer Debt Warrants Precautionary Receivables Planning, authored by Adam Evans - Vice President of Business Development at Hilco Receivables, discusses some of the critical variables, with a focus on consumer debt and inflation, that stand to impact businesses and creditors through the balance of the year and beyond. The report also explores how those with risk in their portfolios can approach the process of readiness to mitigate potential risk ahead.
 
“Whether we are heading into an acute period of slow growth, an extended decline, stagflation or a full-blown recession is an increasingly heated topic of debate,” says Evans. “We encourage businesses and creditors with risk in the affected industries to maintain a close eye on their portfolios and the overall industries in which commercial borrowers operate, paying close attention to factors including inventory levels and receivables aging.”

To obtain a copy of the article for publication or to schedule an interview with Adam Evans, contact Karen Bubrowski - Senior Director of Marketing, Hilco Global.