Perfect Storm

RapidRatings CEO James Gellert joins ‘The Exchange’ to discuss refinance troubles for upcoming debt maturities, industry and business size impacting borrowing dynamics, and small companies feeling the strain from contraction in customer budgets.

In the time since our 2022 blog post, Commercial Bankruptcies May Come Back With a Vengeance in 2023, our prediction has become a stark reality.

Retailers face a perfect storm due to the rising cost of capital, trouble in the banking sector, slowing residential real estate market, record levels of household debt and persistent inflation that is already turning the tide on consumer demand.