How Healthy Is Your Credit?

Using Business Credit Reports to Make Financial Decisions

The three major credit bureaus that provide consumer credit reports also provide business credit reports. However, there are other players in the world of business credit reporting such as Dun & Bradstreet and Paydex. They offer a variety of different reports from a quick overview to the most detailed financial reporting and analysis.

Equifax Business Credit Reports

Equifax offers business credit reports for over 24 million companies including many small businesses. You can purchase a report on any company from their database that operates in the United States. Equifax business credit reports contain the following information:

Bureau Summary - Overall summary of all accounts held by a business.
Public Records - This may include registration, liens, charge-offs incurred and any judgments made against a business.

Equifax features two unique credit scores and a payment index for every business. These scores will give you an insight into the likelihood of being repaid and gives you a good indication of any business’ financial strength or weakness.

Credit Risk Score - This score will tell you how likely a business will be to become 90 days or more behind on payments.
Business Failure Score - Predicts how likely a business is to fail and declare bankruptcy in the next year.
Payment Index - This index indicates past payment performance based on all payments recorded for a company in the database.

Experian Business Credit Reports

Experian is a worldwide leader in both consumer and business credit reports. Their database contains detailed information on millions of different companies from around the world. They offer a variety of products to help business owners make credit decisions every day.

ProflePlus - This report can give you the information you need to make medium to high risk credit decisions. Information contained on this report includes a complete credit history including bankruptcy filings and payment information as well as predicted payment behavior for any business.
CreditScore - Experian offers credit scores for over 27 million businesses. With a credit score you can see at a glance how trustworthy a business is based on their credit history.
BizVerify - This report allows you to quickly make low-risk credit decisions. It’s basically just a snapshot of any business’ credit history. You can even find information on businesses that haven’t yet built any credit history with this report.

Dun & Bradstreet Business Credit Reports

Dun & Bradstreet offers a wide range of credit reporting products for businesses. Whether you need a quick overview of a company or detailed financial information Dun & Bradstreet has a report that’s right for you.

CrediteValuator PLUS - This report is a credit history summary that can be used to help determine the risk of late payment. It shows the size of a business as well as a summary of all public liens, bankruptcies and other judgments made against a business. It also includes a credit limit recommendation and Paydex score to help you decide how much credit you’re willing to extend to any business.
Business Information Report - This report is more of a company profile and includes information on payments made, trends and other critical details. It also contains the D&B Rating which indicates the net worth of a company which may or may not be a risk indicator. Other information includes business history and ownership details as well as a breakdown of credit behavior.
Comprehensive Insight Plus - This is the most in-depth business credit report that Dun & Bradstreet has to offer. It provides details regarding a company’s short & long term financial stability and predictions regarding future payments. This is the only report from D&B that includes their Financial Stress Score and Commercial Credit Score. It also includes details which compares a company’s financial status and behavior to industry norms.

Transunion Business Credit Reports

Transunion is one of the largest credit reporting bureaus in the world. Their database contains over 200 million records which covers nearly every active consumer and business in the United States as well as many others worldwide. They offer a variety of business credit report solutions which include:

Insurance Risk Score - Helps you to accurately calculate rates charged based on risk.
Recovery Scores - This advanced analytical model can allow you to prioritize your accounts.
New Account Risk Score - Helps identify potential exposure when acquiring new accounts for your business.
Account Management Risk Scores - Ongoing information to help you better manage all your active accounts.
OFAC Name Screening - Help your business meet the requirements of the Office of Foreign Assets Control.
Resident Screening Risk Scores - Can help your business determine who the best residents are when renting or leasing.
Patient Financial Summary - Can help determine a patient’s likelihood of paying or qualifying for assistance financially.

Add to:

Comments (0)

Name

E-mail (Will not appear online)

Homepage

Title

Comment

To prevent automated Bots form spamming, please enter the text you see in the image below in the appropriate input box. Your comment will only be submitted if the strings match. Please ensure that your browser supports and accepts cookies, or your comment cannot be verified correctly.

3 Free Credit Scores
Daily Credit Monitoring and Alerts
Quarterly Credit Updates and Updated Scores
Protection Against Identity Theft and Fraud
7-Day Free Trial