What is a Business Credit Report?
Much like a credit report for an individual, a business credit report evaluates the creditworthiness and financial stability of a business. It’s usually used to help lenders, investors, suppliers, and other stakeholders make informed decisions about extending credit, entering into contracts, or forming business relationships.
A business credit report typically evaluates factors including: credit history; any bankruptcies, liens, or judgements; references; and financial profile. Then, it provides a weighted evaluation of these factors - a credit score - to provide a high-level summary of creditworthiness.
This type of insight is incredibly valuable before entering into any kind of financial agreement with a third-party, like extending credit, making an investment, or launching a new partnerships.
How Do You Run a Business Credit Report?
At Business Screen, we offer business credit reports as part of our third-party due diligence reports.
You’ll see:
- Company Credit Score.
- Credit History, including past credit accounts, payment history, and any defaults or late payments.
- Trade References, including info from suppliers and creditors about the business's payment behavior.
- Ownership and Management.
What can The investigators uncover?
Why Choose Business Screen
Business Screen offers unparalleled expertise in commercial due diligence. We’ve helped companies manage their third party due diligence since 1996, and have supported more than 1,000 clients with more than 60,000 business background checks and executive background checks.
Our unique methodologies, licensed private investigators and state-of-the-art technology ensure that our clients receive the most accurate and actionable insights - at an affordable price point.
Options
What’s Included in Third-Party Due Diligence Reports
Summary of Alerts Found
We screen companies for civil, criminal, financial, and reputational risk. You’ll see all alerts at a glance.
Direct Message Investigators
All business background screenings are conducted by licensed private investigators. Have questions? You can message your investigator directly.
Verified Results
Our investigators use both on- and offline data sources to verify and confirm results.
API Integration
We deliver reports through our platform, and also offer API integrations so you can see results in your existing systems (like a CRM).
1
Initial Consultation
First, we’ll meet with you to explore your needs, and determine if we’re a fit. If so, you’ll get a guided walkthrough of our platform, so you can see how easy it is for yourself.
2
Custom Quote
After that initial conversation, we’ll build a custom quote based on your company’s unique needs.
3
Conduct Investigation
Once you’re ready, submit your investigation request online with just a little basic information. Our team of licensed private investigators will begin the verification and screening process.
4
Review Report
Within two (2) business, you’ll receive your report. This includes an executive summary written by your investigator and alert summaries at a glance. Have questions? You can message your investigator directly.
5
Continuous Monitoring
OPTIONAL–Need to manage your risk over time? Then continuous monitoring might be for you. With this option, you’ll receive regular updates to the background check, so you can manage risks proactively.
Due Diligence Background Checks on Companies & Officers
At Business Screen, we provide turnkey corporate background checks conducted by real investigators to ensure you have the information needed to make a confident business decision and avoid regret.