Small Business

DecisionIQ Premier debuts at FinovateSpring

Posted on May 11 2011 by

Today, Experian debuted DecisionIQ Premier at FinovateSpring in San Francisco.  In front of an audience of more than 750 financial services industry leaders we discussed the features and benefits of our new service.  Our newest offering is available on BusinessIQ.  BusinessIQ was designed and built to provide an easy to use single platform that delivers all […]

Integrating social media into your business

Posted on May 06 2011 by

Social media.  You hear it all over the place.  What is it, and are you taking advantage of it for your business?  The nature of social media is to share.  It is a place where conversations take place.  It is a place where a community is built.  It is a place where people try to […]

Opening accounts is just the first step

Posted on May 05 2011 by

Most of us are pretty familiar with credit reports and scores, but how many of you are aware of the additional tools available to help you manage the entire credit risk lifecycle? I talk to credit managers everyday and as we’re all trying to do more with less, it’s easy to forget that opening accounts […]

What key factors impact a business credit score?

Posted on May 04 2011 by

There are a number of factors that impact business credit risk scores.  Keep in mind that most risk models are built using multivariate statistical methods that not only look and each attribute but also look for the interaction between the attributes.  However, there are three general factors that will impact a business score. Recency:  How […]

The inner workings of our commercial data

Posted on May 03 2011 by

Welcome to my inaugural post on the Experian Business Credit Blog. I am often asked how the business credit information we provide to our customers is created and maintained – so this seems like a good topic to start with. Our data model takes advantage of the strengths and uniqueness of thousands of data sources, […]

Stay Ahead of Trouble – Proactively Manage Your Portfolio

Posted on May 02 2011 by

If you make decisions just by pulling credit reports, you may want to think about how you can manage your accounts proactively. Pulling a report is helpful in deciding whether you should offer credit to a business. But, consider these basic steps when looking for any negative trends:  #1 Develop a policy for how you’d […]

Ever heard of ‘blended data’? It’s the best for scoring small businesses.

Posted on Apr 29 2011 by

We receive a lot of questions about using “blended” data, meaning the use of both business and consumer data when making a business credit decision.  First and foremost, you need to have permissible purpose to use consumer data on a business.  (Permissible purpose is a set of rules established by the federal government on how […]

It’s financial literacy month! Pledge to fine tune your business credit knowledge

Posted on Apr 27 2011 by

If you’re a small business owner, knowing and understanding your business credit is the first step to helping your business grow. It can help you with a variety of business challenges that range from building capital to gaining customers. In honor of financial literacy month, take the time to educate yourself about your small business financial […]

Business Credit Blog launches today

Posted on Apr 25 2011 by

As President of Experian Business Information Services, I am pleased to announce the launch of the Experian Business Credit Blog today.  Experian Business Information Services has been a leader for over 30 years in providing business credit information, and this blog extends our history of publishing trends, insights and perspectives that can help you and […]