A company credit report displays the credit and financial history of a company. This means that if the company has acquired any CCJs or bad debts and late payments, these will be listed on the report and reflected in the credit score and suggested credit limit for the company. As the company credit report shows the financial status of the company, it is a useful indicator as to the future long term viability of the company.
Most businesses will request a company credit report to obtain a credit rating and suggested credit limit for the company. These two pieces of information are considered by many companies to be the most important data on the report as they will be used as indicators of how trustworthy a company is at repaying monies owed.
Potential clients and customers of the company will also request a copy of the company credit report to assure themselves of the trustworthiness of the company.
As well as the credit score and and suggested credit limit, the company credit report on a company will contain the following information:
Obtaining a company credit report offers companies and individuals a way to minimise any risks they take from business transactions. It is therefore advisable for companies to obtain a company credit report on a business before entering into any business relationships with them.
It is also equally important for individuals to obtain a company credit report before parting with large sums of money for services from large companies. This will assure them of the validity of the company's claims and their products. The company credit report will also allow the individual to see how financially stable the company is, also giving them contact details if there are any problems arising form the service or goods purchased.
The information within a company credit report is very time-sensitive, reflecting the dynamic nature of companies and businesses. Therefore you will need the information within the report to be as up-to-date as possible for the time that you need it. Requesting the report online and receiving it instantly is the ideal solution. Simply type in the name of the company in the "FREE Search" box above and checkSURE Ltd will deliver the report instantly to your desktop on payment via credit card.
Through checkSURE you will never have to base important business decisions on out-dated credit and financial data. You will also save much valuable time and hassle waiting for the arrival of the company credit report.
Login or Register (for FREE) to search and buy checkSURE Company Credit Reports