Leader in risk management information for small and medium-sized businesses
KENNESAW, GA and TAMPA, FL, Aug 31, 2010
MicroBilt Corporation, a leader in risk management information for small and medium-sized businesses, and CL Verify LLC, the industry leading real time credit bureau, announce today that the two companies will combine under the name MicroBilt Corporation. The merger combines two growing entrepreneurial companies with complementary businesses and a shared spirit for innovation. Both companies are leaders in providing data solutions for verification, credit and collections, with each company serving different market segments. A combination of MicroBilt and CL Verify will result in significant growth opportunities from leveraging the companies’ combined data sets and analytic technologies. This merger follows MicroBilt’s acquisition of Payment Reporting Builds Credit (PRBC) and relaunch of the PRBC® Consumer Report with FICO® Expansion® Score early this year. "The need for new and alternative data sets for verification, credit, collections and screening is expanding in every segment of the market." said Wink Price, "MicroBilt and CL Verify have built great businesses that will provide the foundation for a great new company." About MicroBilt
MicroBilt is the leader in serving small businesses with data and tools that they need to manage business risk and make informed lending and hiring decisions. MicroBilt offers the small business owner simple, cost-effective solutions for fraud prevention, consumer financing, debt collection, and background screening. With its PRBC® Consumer Report with the FICO® Expansion® Score, MicroBilt is the leading provider of alternative credit data to businesses that want to offer credit and other financial services to the over 100 million underserved consumers in the United States. For more information, visit www.MicroBilt.com. CL Verify LLC
CL Verify™ LLC is the leading FCRA compliant real time credit bureau providing a fully integrated suite of decision support solutions. The company’s unique and proprietary consumer data provides clients with the most predictive resources for identifying, managing and optimizing the entire consumer credit life cycle. CL Verify provides access to over 3 billion debit account records, nearly 30 billion pieces of demographic and public record data and nearly 100 million unique consumer records to prevent identity fraud, evaluate credit risk and retain customer relationships.
MicroBilt is the leader in serving small businesses with data and tools that they need to manage business risk and make informed lending and hiring decisions. MicroBilt offers the small business owner simple, cost-effective solutions for fraud prevention, consumer financing, debt collection, and background screening. With its PRBC® Consumer Report with the FICO® Expansion® Score, MicroBilt is the leading provider of alternative credit data to businesses that want to offer credit and other financial services to the over 100 million underserved consumers in the United States. For more information, visit www.MicroBilt.com. CL Verify LLC
CL Verify™ LLC is the leading FCRA compliant real time credit bureau providing a fully integrated suite of decision support solutions. The company’s unique and proprietary consumer data provides clients with the most predictive resources for identifying, managing and optimizing the entire consumer credit life cycle. CL Verify provides access to over 3 billion debit account records, nearly 30 billion pieces of demographic and public record data and nearly 100 million unique consumer records to prevent identity fraud, evaluate credit risk and retain customer relationships.
