Business Credit Information

Importance of a Business credit information report:

Since a business credit score is a basis for lenders to determine credit eligibility, loan rates, and other financial opportunities, it is very important to maintain a good score and check the credit report regularly. It’s also highly recommended that you get a business credit report on your buyers and suppliers.
A business credit report is available to anyone that is willing to pay for it. This means that regulator, Lenders, importers can access all of this information and use it to determine business eligibility without first asking the company. So, getting a credit report on your buyers and supplies is critical to ensure you’re doing good business. It could save you an even pricer mistake if you decide to import from a company that you don’t know well enough.
Banks should review their customer & exporter credit reports on a regular basis to ensure that everything listed is accurate and complete. Contact us to get a business credit report on your suppliers today.