If you're considering doing business with another company, you're probably aware
of the importance of checking its business credit score. What you may not realize
is that obtaining a business credit score may not be sufficient. By focusing on the
credit score alone, you may be overlooking critical information about the business.
It's preferable to run a business
owner search, which can uncover information about the owner's background and give
you a more comprehensive view of the fraud and credit risk associated with the business.
Here's how you can manage risk proactively in these situations:
Identify principals who are over-leveraged A business owner's
risks and liabilities may not be fully apparent at the entity level. Get a more complete
view of a principal's obligations across all business interests.
Verify that the person applying for credit is affiliated with the business Does the person applying for credit have the authority to apply for commercial loans
or make a purchase on behalf of his or her organization? Making sure the individual
is an authorized representative of the business will help reduce the likelihood of
Evaluate a business owner’s relationship with current and former
business interests You can get an idea of how trustworthy a business
owner is from current or past relationships that overlap with yours. Learn what his
business relationships say about him and how that may affect your dealings with the
The form below is for requests from businesses only.
Request More Information About Experian’s Commercial Credit Management
Services To learn more, call us at 1 877 565 8153 or complete the form
below and an Experian representative will contact you as soon as possible.