How to Review Your Business Credit Report?​

1
How to Review Your Business Credit Report?
2
What is Business Credit Report

• A business credit report contains information
  about your companys business structure, its
  financial performance, and financial history. A
  slight change in your CIR can impact your company
  credit score positively or negatively. Below are
  the main components that need attention while
  reading your business credit report.

3
How to Read Your Business Credit Report

• Your business information
• Check payment history and public records
• Anticipate suspected fraud

4
Your Business Information

• The report lists your companys name, address,
  contact details, and information concerning
  annual sales, industry codes like SIC or NAICS,
  your companys subsidiaries, etc. It also
  contains your financial information concerning
  financial performance and credit history. If you
  see any errors or discrepancies in your report,
  you can lay your concerns with a credit
  information bureau such as CreditQ. 

5
Check Payment History and Public Records

• You must read your payment history thoroughly.
  You must check if your account information is
  correct, alongside paying attention to tax liens,
  vendor payments, existing dues, etc. If youve
  delayed payment, your business credit report will
  reflect it, and your lenders and suppliers may
  leave a negative review about your business. 

6
Anticipate Suspected Fraud

• To enjoy borrowing power, you must direct your
  business on the right path. While reading your
  report, if you find a mismatch in financial
  figures, you can report it to the credit
  information bureaus. If you think youve been
  trapped in a suspected fraud, you can report
  business credit defaulters on the CreditQ
  platform. The specialists then begin procedure of
  settling payment with your business credit
  defaulters.

7
Thank You

• Address 3/31, Chitrakoot Marg, Arpit Nagar,
  Vaishali Nagar, Jaipur, Rajasthan 302021
• Mob 91 724-000-0901
• Email support_at_creditq.in
• Website https//creditq.in