New White Paper Encourages Toymakers to Look Beyond Credit Insurance Amid Pandemic

June 12, 2020 | Retail is experiencing one of the fastest transformations of any sector in response to COVID-19 and factoring may present the best solution for companies trying to plan ahead and finance for the future, according to a new white paper by Rosenthal & Rosenthal commissioned by The Toy Association. The free report, “Looking Beyond Credit Insurance: Why Factoring May Be the Best Solution in an Uncertain Retail Climate,” is now available online to all toy professionals.

The white paper looks at key factors that have affected retail amid the pandemic, how this has impacted the toy industry, what toy professionals need to know about factoring vs. credit insurance, and guidance for companies to get business back on track.

Members of the toy industry can also use this report to analyze the pitfalls associated with credit insurance in the current retail environment, especially in the specialty toy business.

The full report can be found in the Research & Data section of the Association’s website. Members may contact The Toy Association’s Anne McConnell, senior director of market research & data strategy, with any additional questions.