Help Us to Help You
It is common practice for international companies to request Credit Business Information Reports on their trading partners from an independent source. Reports are requested by your potential partners for a variety of reasons such as:
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To give a credit recommendation
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To confirm company details
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Confirm that your company exists
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Helping a company establish their risk exposure by working with you
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Marketing purposes
Should we contact your company to request details then we will have been instructed to produce a report on your company. This request will have been initiated by one of your current or prospective trading partners. They will usually wait until we deliver the report to them before proceeding with any transactions with your company.
Your assistance is required in order to provide accurate and detailed information. By working together we can help you build a positive image on your company which in turn may help you secure your business dealings with international companies.
What We Need from You
Why We Request Full Financial Information
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.
When Providing Brief Financials
If your company is not able 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.
Providing No Information to Us
In our experience refusing to provide information to us can damage the reputation of your company. You may face various problems such as:
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Orders are not sent out
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Prospective clients refuse to trade with you
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Suppliers / partners do not give you the credit facility required
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Your company may not be trusted resulting in lost opportunities