accredit Business Credit Reports Blog

If you are doing business with a company and plan to offer them credit, you need to ensure you will be paid on time. This is especially important in today’s shifting economy. More than 100,000 businesses are expected to close their doors during 2020 because small businesses and major companies have been forced into bankruptcy […]

If you are extending credit to customers, you need to ensure they will be able to pay their bills promptly. If you are working with a vendor or supplier, you need assurance that they are financially healthy so you know they can deliver on their commitments. If you are planning to apply for a business […]

If one of your customers has filed for bankruptcy or is seriously delinquent paying its bills, you would want to know before extending credit. If the company is not paying other businesses on time or has pledged its assets as collateral against loans while continuing to rack up debt, it would be helpful to know […]

The concept behind most business transactions is simple. Buy products at a low cost, sell them at a higher price, and keep the profit. If only it was that simple.  In today’s complex economy, there are many more things to consider. 2020 has proven that. We have seen a record number of businesses close their […]

When you are extending credit or depending on a supplier to deliver goods you need for your business, you are counting on them doing what they say they will. However, if you have granted credit based on repayment terms and the company does not pay on time, it can hurt your cash flow. If the […]

If you’re planning on doing business with a new company, a Dun and Bradstreet credit report can help you analyze their financial stability and ability to pay, especially if you plan on granting them credit. If you are applying for a business loan, asking for credit from a new supplier, or entering into a significant […]

When you are trying to decide whether to do business with a new partner, order from a supplier, or extend credit to a buyer, you need to know who you are doing business with and avoid high-risk situations that cause you to lose money. Good cash flow management is essential for business success. Ensuring you […]

The different credit reporting agencies use standard methods for scoring consumer credit reports. Therefore, you will not typically see significant differences in scores. However, it is a little different when it comes to business credit reports. Experian, Equifax, and Dun & Bradstreet produce business credit reports and generate credit scores, but they use completely different […]