Before you sign a contract with a new business partner, create an order, or ship the order, make sure you know who you're doing business with. Checking the credit history and financial well-being of a business first could save you frustration or lost dollars later. While you're at it, keeping track of your own business credit activity and financial health is a good idea.
Small Business Credit Report Sample
Company Profile – key information such as company name, address, and phone numbers
Credit Summary – synopsis of the business' credit accounts with banks, suppliers, and service providers
Public Records – Secretary of State business registration, judgments, liens, or bankruptcies reported for the business
Payment Trend and Payment Index – a 12-month payment trend and comparison to the industry norm
The Difference in Being Approved or Declined for that Loan
While you're at it, keeping track of your own business credit activity and financial health is a good idea. It could mean the difference in being approved or declined for that loan you need to expand your business, or more favorable credit terms with a critical supplier.
Order a single Business Credit Report today for only $99.95 Order a Business Credit Report multi-pack (5 for the price of 4) for just $399.95