Business Credit Reports
Business Credit Reports assist in decision making before signing contracts with another business. It pays to investigate their financial and business history, whether you are a landlord renting out property, subcontracting or considering any other type of business transaction, it is imperative to know who you are doing business with.
Running advance business credit reports and obtaining a complete business profile may help eliminate the future risk of lost finances and the necessity of having to seek legal action against high-risk businesses.
AAA Credit Screening Provides 2 options for detailed Experian™ business credit reports depending on your business needs.
Commercial Intelliscore is our most popular business credit report for individuals or companies who need to make a quick business decision. This one page report features a credit risk score ranging from 1 (low risk) to 5 (high risk), ranked against other businesses within the same field. The following factors influence the credit risk score on a Commercial Intelliscore report:
- Payment history and current payment status of trade lines
- Length of business credit history
- Bankruptcies related to this business
- judgements filed against this business
- Collections accounts
- Credit utilization
After the score, this report lists the major factors that influenced a company’s risk classification. Also providing a short financial summary of the business, the Commercial Intelliscore serves as an effective prediction of the likelihood of serious credit delinquencies for a business within the next 12 months.