Business Owner Reports
How confident are you in your credit decisions – especially when it comes to small businesses or those with little to no trade history? Do you often experience losses when you do extend credit to these new small businesses? The fact is, entrepreneurs often fund their businesses using their personal credit. That’s why if you’re evaluating risk and relying on the credit history of the business alone, you may be unknowingly putting yourself ─ and your business ─ in a vulnerable position.
Our Business Owner Report(s) provide the most accurate, current and comprehensive business owner or guarantor credit information available, so you can make more confident credit decisions for your existing customers throughout their account life cycle and for potential customers as well. They also help manage the risk of bringing on brand new small business accounts or going into new markets where larger, more established businesses are not as prevalent.
By accessing a personal credit report and FICO® score on a company’s owner(s) in addition to the standard business credit report, you can confidently decide whether to alter your decision or adjust terms before granting a business credit. These reports are also useful when conducting annual portfolio reviews.
Minimize your credit risk with a complete view of a business’ banking, leasing, and trade receivables obligations and payment history, as well as consumer credit performance of the business owner/guarantor
Optimize revenue and profitability by using FICO® Scores 9, 8, or 5
Reduce fraud losses by receiving the business name, address, telephone number, and tax ID, and running the consumer inquiry through a comprehensive scan
Increase efficiency by seamlessly accessing both business and consumer credit information
Business Knowledge Hub
Here you can find the resources that will put you in the know about all things Credit Plus. Just click below for easy access to our multi-media educational tools and press coverage.