Business Credit Report Overview - Pre Employment Screening Services

Business Credit Report Overview

In today's business environment companies must do everything they can to improve their profitability while reducing their financial risk. Companies in today's market face new challenges, such as:

• Increasing write offs and bad debts
• Rising costs associated with processing credit applications
• Maintaining a competitive turnaround time on new credit applications
• And, Finding high-quality third party verified information on small to mid-size businesses to determine credit risk.

Info Cubic is here to help your company meet these challenges through our Business Credit Report Service. This powerful credit decision-making tool combines the Info Cubic Business Profile, Business Summary and Info Cubic Intelliscore.

• Current, accurate, and objective trade payment information on more than 18 million business nationwide.
  
• Executive Summary, up front, highlights key elements of the report including the Days Beyond Terms (DBT) score, 6-month account balance range, highest credit amount extended, industry payment comparison, payment trends, and significant data (bankruptcy, judgments, liens, UCC filings).
  
• Provides summary credit information by analyzing the account' current trade experiences, and the presence or absence of collection data and derogatory public record filings and classifying it into one of several risk categories.
  
• Provides models for different credit environments with an empirically- derived Intelliscore risk model.
  
• Designed with the flexibility to serve any credit policy, with scores that are consistently measured so that the user can easily determine acceptance/rejection levels.
  
• Delivers credit risk scores online with capability to establish custom credit decisions.

Credit Management: check new accounts and review existing accounts when credit exposure has increased, payment patterns have slowed, or the customer has not bought from you in the last few months. Quarterly and/or annual account updates.

• Purchasing: ensure that the vendor you choose has stable business payments as well as longevity.
  
• Marketing: prescreen account prospects and know whether a prospective account will be able to pay you.
  
• Allows you to make confident credit decisions-fast.
  
• Info Cubic Commercial Intelliscore: examines past payment behavior and credit characteristics of all size companies across different industries.
  
• Info Cubic Small Business Intelliscore integrates both the business and owner's credit history, proven to be the most effective predictor of small business risk.
  
• Info Cubic Custom Intelliscore: custom model credited by Info Cubic incorporating the key elements which specifically impact your business.