It is common practice for international companies to request Business (Credit) Information Reports on their trading partners from an independent source. Reports are requested by your potential partners for a variety of reasons such as:
We will only contact you for information if we have been asked to prepare a report on your company. This request will have been initiated by one of your current or prospective trading partners who will usually wait until we deliver the report before proceeding with any transactions with your company.
Your assistance is needed in order to provide accurate and detailed information. By working together we can help you build an accurate image of your company which in turn may help you secure business.
Our system will generate ratings and scorings that will be based on the financial data provided. Without financial information we will not be able to provide this. This could have a negative impact on your company relations with third parties.
If your company is unable to submit full financial information we ask that you at least provide us with brief financial information. This will place your company in a better situation than not providing any financial data at all.
In our experience a refusal to provide information to us can damage the reputation of your company. You may face various problems such as: