More than 2,500 business executives in 14 countries have shared their perspectives on the global credit crisis with The Atradius Group which provides trade credit insurance, surety and collections services worldwide. Ninety percent of U.S. respondents forecast further tightening of credit.Here are the top four negative impacts on performance anticipated in the coming year as a result of the credit crunch.
- Increase in payment defaults (69%)
- Increase in the cost of capital (67%)
- Inability to raise outside capital (63%); and
- Slow-to-no sales growth (62%)
Tags : Atradius , credit crunch , cost of capital
