The Creditsafe Group
Highly Engaged Employees
Business Intelligence (BI) Software · Pennsylvania, United States · 501-1,000 Employees
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Overview
Headquarters
4635 Crackersport Rd, Allentown, Pennsyl...Phone Number
(855) 551-6903Website
www.creditsafe.comRevenue
$167.5 MillionIndustry
About The Creditsafe Group
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Debt
$1M
The Creditsafe Group Tech Stack
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The Creditsafe Group News & Media
Creditsafe Study Finds Over Two-Thirds of Businesses Believe a 2025 Global Recession Is Likely Due to Tariff Shockwaves
ALLENTOWN, Pa.--(BUSINESS WIRE)--The proposed tariff hikes by the U.S. administration have been on the tip of everyone’s tongues for the last few months. Importers are looking for ways to reduce overall costs and improve supply chain stability, while exporters are keen to retain customers. But a new study, Tariff Risks in the Supply Chain, released today by Creditsafe, reveals that tariffs could have a more detrimental impact on the global economy with 84% of U.S.Overdue customer payments can strain SMB cash flows: Creditsafe - CFO Dive
Over 80% of businesses typically chase a customer between one and four times just to get a single overdue invoice paid, the research found.Erratic Payment Behaviors Are Highly Indicative of Bankruptcy Risk | Business Wire
2024 was a milestone year for corporate bankruptcies, with well-known brands like Express, Joann, Red Lobster and TGI Friday’s filing for bankruptcy.Erratic Payment Behaviors Are Highly Indicative of Bankruptcy Risk
ALLENTOWN, Pa.--(BUSINESS WIRE)--2024 was a milestone year for corporate bankruptcies, with well-known brands like Express, Joann, Red Lobster and TGI Friday’s filing for bankruptcy. The reality is that several factors contributed to the downfall of these companies, including declining sales, high debt loads, increasing costs and cash flow issues. The reality is that erratic payment practices are often highly indicative of cash flow issues and financial distress. But the ‘Cost of Late Payments’
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Frequently Asked Questions Regarding The Creditsafe Group
Founded in 2012 and headquartered in Allentown, Pennsylvania, Creditsafe USA offers a financial, business intelligence based platform that allows users to mitigate credit risk, improve cashflow and generate new business opportunities.... Read More
