Published: March, 2022
The coronavirus pandemic is a humanitarian crisis that continues to affect lives and livelihoods around the world. It has forced regional and national economies to close for weeks and months at a time, causing hardship—sometimes of existential gravity—for many populations.
Countermeasures taken to contain the virus and save lives stopped the economy from functioning. With lockdowns now being lifted and businesses restarting, lending institutions are faced with a new and unfamiliar environment, in which they must evaluate and monitor credit risk with limited visibility and access to reliable data.
Trade payment terms and credit risks are evolving amid today’s economic recovery and supply chain challenges Customers’ demand for credit will not return to pre-2020 norms.
Demand for trade credit was increasing even before the outbreak of COVID-19 pandemic but, in the new normal, customers still face limited access to working capital, Struggle with diminished financial flexibility, Are getting paid slower by their customers, Source goods through broken supply chains, Operate with remote/distanced employees, Encounter ongoing change and uncertainty, Try to capitalize on economic recovery.
This CPE webinar on Finance will provide attendees with an understanding of the following major topics:
MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478
MY-CPE LLC (Sponsor Id#: 143597) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org.
President, Meridian Finance Group
Gary Mendell is President of Meridian Finance Group, a company providing credit, insurance, and trade finance tools that companies use to expand their U.S. and international sales. A graduate of the University of Pennsylvania in 1976, Gary has over 40 years of experience in domestic and international sales, distribution, credit, and finance. Prior to Meridian Finance Group, he held positions managing U.S. and export business development for companies in the pharmaceutical, aerospace, and plastics industries.Gary has received the President’s “E” Award and currently serves on the federal government’s Trade Finance Advisory Council.
Meridian Finance Group was organized in 1993 to help equipment manufacturers increase their export sales, primarily by arranging cross-border financing for their customers in emerging foreign markets.