Business owners need to be proactive when it comes to protecting their cash flow and profit. That’s where we come in. We provide business owners with the tools they need to stay on top of their receivables and collect payments from slow payers and bad debts. We only use tested and proven collection tools, such as Business Credit Reports and Credit Scores, to achieve these results. With our help, business owners can keep their cash flow healthy and their businesses profitable.
It lets you know who you are dealing with, view any negative credit information against a business and provides you with a statistically based score indicating an entity’s potential to default.
5 star rating by customer
5 star rating by customer
A Business Credit Report is a detailed report of a business’s credit history. Credit reporting bureaus collect information and create credit reports based on that information, and credit providers use the reports along with other information to determine the customer’s credit worthiness.
Business Credit Reports help by:
The Business Credit Report data is provided by Creditorwatch. Creditorwatch is a commercial credit reporting bureau with over 55,000 users. Creditorwatch obtains data from a number of sources including the Australian Securities and Investment Commission (ASIC) and the Australian Taxation Office (ATO).
A Business Credit Score is a statistically based score indicating an entity’s credit risk and is designed to assist you in making informed and consistent credit decisions. It is used to determine whether you want to provide credit.
The Business Credit Score data is provided by Creditorwatch. Creditorwatch is a commercial credit reporting bureau with over 55,000 users. Creditorwatch obtains data from a number of sources including the the Australian Business Register, Magistrates Courts in each state, Corporations and their own users.
Did you know that there are around 40 companies that go into liquidation every day? So what happens when a company goes into liquidation?
Collection action will stop against the company and you deal with the liquidator. It is unlikely that you will see ever any return of your money.
Protect yourself by obtaining a Credit Score
The more you protect yourself from the costs associated with defaulting customers the more profit you make. If the customer does not seem creditworthy, ask for payment upfront. By using Business Credit Reports and Credit Scores it really does make you money!
Being proactive can save you thousands!