Business credit reports
Data is the key to making good calls in B2B lending. One way to ensure you have the information you need is by using a business credit report service. Experian’s BusinessIQ platform includes business credit reports as standard. These provide instant access to in-depth UK credit reports on small businesses and sole traders through to large PLCs. You can also get international credit reports as an add-on if you need them.
Access business credit reports
BusinessIQ reports help you assess the creditworthiness of potential customers, suppliers and existing trade partners.
Get expert insight
Not all business credit reports are the same, so it’s important to assess quality when choosing a service. Reports that cover a business, as well as its owners and directors, are crucial for spotting potential fraud and financial crime. At the same time, an easy-to-follow overview of a business’s finances coupled with analyst comments helps you make quick confident decisions. Business credit reports containing Commercial Delphi Credit Score trend information are also valuable for gaining an understanding of long-term performance.
Access business credit reports
BusinessIQ reports help you assess the creditworthiness of potential customers, suppliers and existing trade partners.
Look at the wider picture
Drilling deep to determine a business’s financial stability is crucial but taking a step back to view the wider picture can help you spot risks on the horizon. Comparing Delphi scorecards against the wider business population can help to provide context for decisions, for instance, while reports on shareholder information can give you a different perspective. You could even opt to receive commercial credit account information sharing (CAIS) to see how your prospect pays other businesses.
Access business credit reports
BusinessIQ reports help you assess the creditworthiness of potential customers, suppliers and existing trade partners.
Boost team performance
Ensuring that your team has access to high-quality business credit reports has several benefits. Most importantly, it improves overall decision making, reducing risk and avoiding the prospect of bad debts in the future. It also boosts efficiency by minimising the need for lengthy research while auditable reports storage improves governance. Finally, understanding a business’s financial circumstances enables you to tailor your offer to its needs, improving uptake.
Access business credit reports
BusinessIQ reports help you assess the creditworthiness of potential customers, suppliers and existing trade partners.
