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Credit Check Reports
Don’t take chances with new customers from the UK or overseas – they may not be quite what they seem. Even existing customers can take a down turn and may require you to assess their current credit status with your business.
Trading overseas can open lucrative revenue streams for your business however it is not without risk. Credit checks help to minimise risk when trading internationally by providing comprehensive international company credit information on any business in the world.
When dealing with customers it’s important to know who to trust. A credit report helps protect your business from the threat of bad debt and allows you to make informed choices about who you work with. Understanding a potential customer’s financial information means that you can set the right terms of how you do business with them. You can set payment terms that suit you and make sure you’re always paid on time by customers.
Along with the report, our team also provides a brief overview of our recommended terms of trading as guidance.
We found the Credit Report Service very useful, particularly for companies outside of the EU. The detail in the report gives us a good insight into how our potential export customers operate their business, and it helps us to identify any areas of risk we may need to consider before we negotiate pricing and business terms with them. The International Credit Report from East Lancs Chamber also includes some welcome suggestions for trading terms for the company being assessed. We see this service as a vital part of the evaluation process when considering new distributors.
ANDREW GAFFEY – Technical Director, Gaffey Technical Services Limited
Instant reports available in the following countries: Albania, Austria, Belgium, Bosnia, Bulgaria, Canada, Croatia, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greenland, Holland Hungary, Ireland, Italy, Kosovo, Latvia, Liechtenstein, Lithuania, Luxembourg, Macedonia, Moldova, Montenegro, Norway, Poland, Portugal, Romania, Serbia, Slovakia, Slovenia, Spain, Sweden, Switzerland, Ukraine, United Kingdom and the USA.
Rest of the world reports are available to order for all other countries. These reports are freshly investigated and are usually available to view within 2 – 10 working days.
For further information contact Stephanie Warrington: [email protected] / 01254 356473