It's highly advisable for businesses to conduct a periodical credit rating check of their own credit history. At the same time it's good practice to also conduct a credit rating check any time you intend to enter into a new business agreement that could potentially expose you financially.
Credit ratings are utilised by lenders, the corporate world and individuals to establish a business' creditworthiness. It typically draws from credit activity over the previous seven years. In addition to a history of credit cards, loans and other debt, credit ratings are also influenced by any credit applications, whether granted or not.
Being in the loop regarding your professional credit history is an excellent first step towards making savvy financial decisions in the future.
At Business Credit Express, we can provide you with the information you need to manage your credit rating. As part of the industry-leading Veda (formerly Baycorp Advantage), we have access to Australia's largest database of consumer and business information.
A strong credit rating can play an important role in a company fulfilling its potential. If you're about to enter into a new professional agreement that may leave your business financially vulnerable, we recommend utilising one of our services to first compile a credit report of your business suitor's credit history, regardless of the company's size of seeming stability.
Our company information services include:
Company Credit Report
Our Company Credit Report product assesses the creditworthiness of low-exposure accounts. We provide a scored risk assessment established through both Veda and publicly-available data.
ASIC Company Report
The Australian Securities and Investments Commission (ASIC) Company Report (Basic) gives you immediate, online access to the ASIC database. It provides you with the most current information as recorded on the ASIC database. The report contains information such as address, incorporation, directorship and company secretary details, registered securities plus any external administration details. The ASIC Company Report also include previous names, previous directors and shareholders.
All Business Credit Express reports are available to buy online. Or, for further assistance, call 1300 921 621 or email us at email@example.com.