WHAT IT IS
Equifax’s Business Credit Report is powered by Canada’s largest commercial risk database. Smartly-organized, the Equifax Business Credit Report returns a risk assessment score along with a complete set of supporting data and information covering credit, exposure, legal status and more. Report alerts, informative graphs, and predictive tools help you visualize near- and long-term financial risks.
WHAT IT DOES
The Equifax Business Credit report returns a risk assessment score in addition to the following information.
Business filmographies
- Additional tradenames
- Business contacts and titles
- Incorporation number and effective dates
- Number of employees
- Sales volume
- SIC and NAICS codes
Credit reference Information
- Equifax risk assessment score
- Number of accounts reporting
- Number of delinquencies
- Credit limit at 90 days and 13 months - all lines
- Highest credit score 90 days and 13 months - all lines
- Total credit exposure
- Total credit outstanding
- Total current balance and past due
- Judgments, liens and legal suits
Risk assessment score details
- Credit information (CI) score and trend graph
- Payment index (PI) and trend graphic
- Commercial delinquency score (CDS) risk class
- Business failure risk score (BFRS)
Business Creditor Information including
- Date reported, Status and Terms
- Date account opened
- Total current balance and total past due
- Original credit limit/date
- Write-off amount/date
- and more
Additional useful information
- Quarterly industry payment trend
- Returned cheque details
- Collection details
- Judgement, liens, lawsuit details
- Bankruptcy details
WHAT IT IS USED FOR
Companies can use the Equifax business Credit Report during due diligence in advance of extending credit to a corporate entity. The report is also useful for fraud detection and debt collection.
Get a solution customized to your needs
Have one of our business service consultants contact you.
