Credit Score on Directors and Commercial Entities

Understanding the risk of a company and the people behind it

If you're about to enter into a business relationship with another company, you need to make sure they're credit worthy.  Often only the credit history of the organisation is checked but understanding the people behind a company gives you a sharper and more accurate indication of risk.  

 

Veda's powerful bureau score let's you do this quickly and cost effectively.  A Credit Score on a Director and company combines an ASIC search with company and directors file checks from Veda's comprehensive database - making it particularly revealing.  If you're dealing with small to medium sized companies, information about the directors can be more powerful than the credit record of the company itself.  

 

The score combines current ASIC data with Veda's own files on companies and their directors, in order to calculate an overall company risk estimate. It provides a single credit score for a Pty or Pty Ltd company along with a comprehensive report on the company and its directors. This service has been developed to assist with the assessment of small to medium sized companies and combines an ASIC Current Extract, a Company/Business File Check and the directors' commercial files.

 

When accessing personal information users need to make sure that their disclose of personal information to Veda and the access to either individual commercial or consumer credit information is in compliance with the Privacy Act 1988 (the Act).

 

A Credit Score on Directors and Commercial Entities can help your business by:

• Providing a highly reliable online score for small and medium size pty & pty ltd companies
• Decreasing application processing costs
• Reducing your exposure to bad debt
• Saving you time in manually collecting data from a variety of sources.