The Dun and Bradstreet Credit Rating
Dun & Bradstreet holds the most comprehensive commercial database in the world today. It keeps records of almost 200 million companies globally and this is regularly refreshed 1.5 million times throughout the day. Its data source comes from various organizations from over 240 countries in over 95 dialects and languages, which covers more or less 181 monetary currencies. These data for purposes or a Dun and Bradstreet Credit Rating report, is further screened and evaluated to guarantee the highest quality of credit information is produced for the benefit of your company and the one screening your loan requests.
Give Your Business Credibility
The credit report it produces reveals vital information that is crucial in determining the trustworthiness of a company as it contains the following data:
- Business Profile
- Structure of business
- Financial strength
- Payment history
- Public filings
- Company Size
- Reputation number of employees
Primarily, lenders wish to secure payment obligations. It is hard to tell if some company will simply approach you and submit documents without a trustworthy third party company that gives you an assessment of their current business status. Since updates happen numerous times within the day it is easy for you to assess if they are qualified to receive favor from you thanks to the cash flow, net worth, working capital, and other general financial resources that is included in it.
They are committed in providing unbiased analysis of company data and has been doing is this in the past 170 years, so there is truly nothing to doubt with the results they provide. It has earned the trust and confidence of over 200 million businesses and it is doing its best to maintain this until today. Therefore, lenders may request for the company’s D-U-N-S® Number, which is a unique nine-digit identification number given to company’s registered in its network, and easily discover how they are fairing in the business community, or you may do a random search and see if they have even bothered to register their company or corporation with D&B and get a Dun and Bradstreet Credit Rating report.
Dun and Bradstreet Credit Rating to Creditors for 2021
With the above-mentioned credit Rating information, you can easily and strategically demonstrate to lenders your viability and strength in the market. It becomes your seal of approval for them to easily put their trust and confidence into your company and provide you the financial assistance you will need. The report from Dun & Bradstreet will be sufficient information; however, you have to secure a good credit rating because this will be your key in obtaining necessary funds that will help expand your business to greater regions around the globe.
Advantages of Credit Rating to Investors
As an investor, you would want to make wise investments. This means choosing companies that have a stable financial record. This is hard to find, unless you hire the services of an unbiased third party financial analyst for the job.
It is clearly important that every company obtain and maintain a Dun & Bradstreet Credit Rating report. It is a wise investment and a necessary element for your company’s future success.