Veda Commercial Credit Analysis
Veda Commercial Consulting
Based on Veda's analysis, small businesses appear to be relatively more credit active than other businesses in the market place. In particular, businesses with 5-50 employees are the most credit hungry, accounting for 12% of businesses but 50% of commercial credit enquiries. These businesses also appear to be most at risk as they represent 61% of those businesses
that go into external administration.
To enable confident lending to an increasingly important part of the business market, Veda has developed Australia's most comprehensive small business scoring solution.
Veda’s credit scoring solutions are developed with risk managers at the top of mind, and are designed to enable a more accurate assessment of the risk factors at each phase of the customer lifecycle - from the initial application, to ongoing account management, right through to debt recovery.
This solution is packaged into three market-leading credit scoring products, designed to address each key stage of the customer lifecycle.