SCHUMANN Blog

What branch a company belongs to is a key factor for correctly evaluating its financial position. In the age of coronavirus, this applies even more than before: the crisis has thrown the risks of certain sectors into serious confusion.

Forecasts that have to be corrected a short time later, and a policy that follows the course of infection with its measures. This means for affected companies: There is no long-term planning possibility.

The lockdown has been extended again – and the end? Not really in sight. What is happening to the economy at the moment, what developments can be expected and how does this affect credit management?

Despite the protective shield for German companies, in certain cases individual limits are being reduced or withdrawn by trade credit insurers. How should companies deal with this?

What developments are to expect for 2021? How reliable are the forecasts and how should credit management position itself against this background of uncertainty?