Small businesses rely on capital to fund their business needs and resources. While 86% apply for a loan or line of credit, many business owners don’t realize commercial cards can be more cost effective and help build credit. Not to mention, it only takes minutes to apply for a credit card.
So how do commercial lenders take advantage of this opportunity, while minimizing risk? They need data and insights that provide visibility and predictiveness -- to help them better understand their business credit risk.
The Commercial Financial Network (CFN) from Equifax can do just that. It’s an ever-expanding network of data enhanced by innovative analytics and technology. This network provides organizations with secure, direct access to information on small businesses from multiple sources.
Learn how CFN empowers lenders with Trended Data and NeuroDecision™ Technology to make smarter decisions around risk management, marketing, and debt management.