Small business credit grantors need access to data sources that will allow them to better understand and manage the financial risk of doing business with other small businesses. The Equifax commercial database features unique payment information from banks, leasing companies and other financial institutions, providing data on 5-6 million emerging businesses that historically have used credit cards, leases and bank financing instead of trade credit. This unique information from Equifax provides better intelligence when these emerging entities show up on your company's doorstep wanting open-account credit. In total, Equifax features information on more than 24 million entities.
The Equifax Commercial Credit Report allows you to:
Assess credit risk more accurately
Grow revenue and expand your customer base
Reduce fraud losses