Company Credit Reports and Monitoring

Businesses can save money through having a good credit rating.

If you are going to trade with a company then it makes sense to know exactly who you are trading with. If this simple action is not taken then you cannot check to see if you are happy to give them credit.  You may not be a bank, but you are giving credit.  You would not walk in to a bank asking for a loan without you being credit checked, make sure you do the same for your own business.  The old adage, I've known my customers for a long time will not work, the environment and economy have changed drastically - Don't fall in to the trap because you will end up with a bad debt that may not have happened if you checked the company out first.

Financial lenders and suppliers extend better terms to good credit risks and are less likely to demand personal guarantees or proforma payments.

Similarly, as a supplier you need to be sure that your invoices will be paid, in accordance with your terms, for the goods and services you provide.

One way of determining the credit worthiness of a client is through a Business Credit Report. These company reports are affordable, high quality comprehensive reports that give you access to all of the information you require to make informed business decisions.

Why use Company Credit Reports?

The benefits to your business are:

• Make informed business decisions. Understand the business, structure and history of your customer.
• Ensure you get paid. Match your payment terms with the creditworthiness of your customer.

What information is provided?

Amril Company Reports include as standard:

• Credit rating and limit.
• 5 years accounts.
• Full Directors information.
• Group structure.
• CCJ (County Court Judgement) information.
• Payment data (where available).

In addition to the detailed company reporting, Amril will also add a monitoring and media search.

This service provides ongoing updates for each company being monitored should they make announcements or if there is a decline in their payment performance. These updates will be notified via email so your information is always up to date.

For only £20 per month excluding VAT why not sign up for this service and have peace of mind knowing that all your customers are being monitored 24/7?

All you need to do is inform us of the company name and registration number and we will email you over the details. You will then be able to access 15 detailed credit reports per month.

If you would like some guidance on credit reports and how they will benefit your business, then please contact us. or Skype us: AmrilCMS