A business credit report is a detailed document containing information about your company, including the company’s structure, owners, and financial performance. It explains your creditworthiness and how you have previously managed your finances. @ https://creditq.in/page/credit-information-report
How to Evaluate Your Business Credit Report?
How to Evaluate
Your Business
Credit Report?
What Does Business Credit Report Include?
Your
Your public Your payment Your business
company
records history information
profile
Your Company
Profile
Any business credit report takes into
account your company’s information,
such as your Standard Industrial
Classification Number (SIC) to obtain
information about your company’s
industry and the business you’re
involved in.
Your Public
Records
Credit information companies such as
CreditQ collects information about your
business through various sources. A
credit report may contain information
on judgments, tax liens, bankruptcies,
etc.
Your Payment
History
Your lenders and suppliers report the
number of average days it takes your
company to pay them. Thus, your
payment history is included in the
business credit report.
Your Business
Information
A credit report also includes
your company’s branches and
facilities, and your financial
statement, if available.
How to Analyze Your Business Credit Report?
Verify your information Report your business Keep a check on your Analyze your
thoroughly defaulters company’s records company’s reviews
Verify Your Information
Thoroughly
Check if your SIC number is correct
and up-to-date. In case the report
lists a wrong business or you think
the information is outdated, you can
reach out to credit information
companies to correct the details.
Report Your
Business Defaulters
Credit information companies like
CreditQ lets you report your
payment defaulters who have been
giving you’re a hard time getting back
your money. They further help you in
payment settlement.
Keep a Check on Your
Company’s Records
While analyzing your credit information
report, always ensure to check your payment
history, account information, and public
records. If you’re in a business for quite a
while now, you’re aware of the fact that
suppliers and lenders take a close look at your
business credit report and likewise make their
decision to fun your business.
Analyze Your
Company’s Reviews
You should pay attention to any negative
reviews posted against your company. Now
to improve that, you must focus on the
problem itself. Find out the reason for
receiving a negative review in the first place.
You can make it up for it by not delaying
vendor’s payments and paying debts on
time.
Thank You
Get in Touch
Email:
[email protected] Website:
n https://creditq.in
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