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Getting to grips with the financial strength of your supply chain

Tom Hunt
Underwriting Manager, Credit & Surety
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With COVID related restrictions being gradually lifted in many parts of Canada, we are beginning to see how businesses shift once more to the changing landscape. Some have fared well through the pandemic, but many Canadian companies have and will continue to struggle in the coming months and years.

Overview

What to watch for

Having a good understanding of your clients current working capital requirements and liquid resources available is key. Changes in these levels either way (see hidden perils below) can be an indication that a frank conversation is needed to ensure losses are mitigated and/or avoided.

So how do you access such information?

Understand the hidden perils

What can you do?

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