Company Vetting and Credit Report
How comfortable would you feel if a stranger came up to you and asked you to lend them £200? Most people wouldn’t even entertain such a request. But if you were one of the tiny percentages of people who would consider parting with their cash, you would at least want to know more information about your “borrower”. For example, you would wish to know who they were, when you will be repaid, how and if they can afford to repay you back.
Many businesses continually take risks by providing credit to other businesses for goods and services, without first checking their customer’s ability to pay; the consequences of this can be disastrous.
Overdue and non-payment can have a profound impact upon the survival of a business; shutting the stable door after the horse has bolted can be a very painful and expensive lesson.
First Capitol Company Vetting and Credit Reports provide you with valuable information helping you to “get to know your customer”. Our Company Vetting and Credit Reports are designed to help you take the guesswork out of who to do business with and to remove some of the associated risks.
To speak to one of our advisers please call
We are available until 8.00 p.m. Monday to Friday.
Our Company Vetting and Credit Report Services Include:
- Business risk/credit rating/comparison against other similar industries within the same field
- Copy of latest and previous year/s accounts/returns/filing history (if available), mortgages and charges.
- Ownership/director/secretaries, shareholders & group structure.
- Details of company appointments, adverse information including county court judgments and any notice/s to strike off.
We use a simple “traffic light” warning system to help you quickly identify potential risk; green is good to go, amber is caution and red means danger – stay clear.
Our reports can also assist you with setting customer credit limits in order to reduce the risk of you incurring bad debt(s) and entering into poor business relationships.
We can also provide a detailed report of your customers or prospective customers other past, or current, business activities, which can include any other businesses with which they have, or, maybe associated with.
In addition to the above features, we can also constantly monitor your customer’s business and alert you immediately of any detrimental changes to its structure or credit score.
