VedaScore (Commercial)

At Veda, we understand that doing business with small businesses and sole traders can come with certain issues and risks. Given these entities now represent 96% of all businesses, organisations looking to grow their market share need to be in a strong position to do business with this market. 
VedaScore is the leading score in Australia for businesses that require a robust risk assessment process to enable growth in market share within the small business segment - while also reducing acquisition costs.
Veda's access to both personal and commercial data, sourced from a broad spectrum of industries and credit providers, allows credit managers to access superior scorecards. 
Benefits to you
VedaScore can help you to:

  • Increase approval rates and revenue for the small business sector
  • Lower your risk exposure through access to detailed data
  • Reduce acquisition costs through automation
  • Increase consistency in assessment processes
  • Make the right lending decisions to improve the right customers
  • Provide one single, easy-to-understand score

Credit Risk Management

How do you know if you’re making the best lending decisions and approving the right customers? Weighing up the credit risk of new or existing customers is crucial to the success of your business. Lower your risk exposure with our comprehensive consumer data. As Australia’s leading information insights company, we’ll help you to make informed credit-assessment decisions. Learn more