How to Buy a Business Credit Report on Your Company or a Customer
Pulling a business credit report is easier than you might think. Unlike a personal credit report, you do not need permission to buy a business credit report.
You can go online, compare the different options from the major business reporting credit bureaus, and download a business credit report instantly. You can buy as many business credit reports as you want without having to sign up for subscriptions or any ongoing commitment.
Why Should I Check My Business Credit Score?
Your business credit score is used by suppliers and lenders to make financial decisions about whether to extend credit and provide funding as well as the terms and interest rates they will offer.
There are other important reasons to buy a business credit report on your business, including:
- Catch errors
- Take proactive steps to repair any past credit issues
- See how others view your business
- Look for signs of fraud
Why Should I Buy a Business Credit Report on My Customers or Suppliers?
What you learn when you pull a business credit report on your customers and suppliers can help you make better decisions to protect your business, such as:
- Know a company’s overall financial health
- Assess the likelihood you will get paid on time
- Setting credit limits
- Check for adverse actions
2020 saw more than 600 corporate bankruptcies across a wide sector of industries. Analysts predict more bankruptcies are ahead in the second half of 2021. From April through September last year, small businesses were closing at a rate of 800 every day.
In business, things can change quickly. Before closures or bankruptcies, companies will show increasing signs of financial stress. The best business credit report will help you see the warning signs of financial stress and take the appropriate steps to protect your business.
At accredit, we make buying business credit reports simple and easy. You can compare business credit reports from Equifax, Dun and Bradstreet, and Experian and view sample reports to determine which report is right for your business. You can buy as few or as many reports as you want. Enter your payment information and you can download the reports you have chosen immediately.