Post on 25-Jan-2017
transcript
“For nearly two centuries, Dun & Bradstreet has helped our customers and partners build the most valuable relationships by uncovering truth and meaning in data”
Dun & Bradstreet is Committed to Helping You Grow Your
Business
This material is proprietary to Dun & Bradstreet and may not be reproduced, published, or disclosed to others without the express consent of the company.
Source: DnB.com
What is Business Credit?
Why Should You Care?
What’s in Your Business Credit Profile?
What Steps Can You Take?
This material is proprietary to Dun & Bradstreet and may not be reproduced, published, or disclosed to others without the express consent of the company.
• How quickly does your company pay its bills?
• How quickly does another company pay its bills?
• How likely is your business to default on a loan?
• How reliable is this potential partner or vendor?
Business Credit Provides Answers
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• Your D-U-N-S Number is a unique nine-digit identification number specific to your business
• More than 225 million businesses worldwide have a D&B D-U-N-S Number
• Businesses, banks, and the government can use your D&B D-U-N-S Number to learn about your business
• Required to do business with many Fortune 500 companies and the government!
• Get Your D-U-N-S Number for FREE: b2b.dnb.com/duns
It All Starts with a D&B D-U-N-S® Number
This material is proprietary to Dun & Bradstreet and may not be reproduced, published, or disclosed to others without the express consent of the company.
This material is proprietary to Dun & Bradstreet and may not be reproduced, published, or disclosed to others without the express consent of the company.
Why Monitor Another Company’s Business Credit?
360 suits, liens, or judgments will be filed against businesses
182 directorship (CEO, CFO, etc.) changes will occur
302 business telephone numbers will change or be disconnected
64 business addresses will change
3 businesses will file for bankruptcy
Every 60 minutes…
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Lease TermsFreight TermsPayroll CreditNational DistributionLucrative jobs on bidsLine-of-Credit Increases
Does Business Credit Matter?
This material is proprietary to Dun & Bradstreet and may not be reproduced, published, or disclosed to others without the express consent of the company.
This material is proprietary to Dun & Bradstreet and may not be reproduced, published, or disclosed to others without the express consent of the company.
Scores & Ratings
Performance Scores:1. D&B PAYDEX® Score2. D&B® Rating
This material is proprietary to Dun & Bradstreet and may not be reproduced, published, or disclosed to others without the express consent of the company.
Scores & Ratings
Predictive Scores:1. D&B® Delinquency Predictor Score2. D&B® Financial Stress Score3. D&B® Supplier Evaluation Risk
RatingThis material is proprietary to Dun & Bradstreet and may not be reproduced, published, or disclosed to others without the express consent of the company.
Credit Limit Recommendations
Provides two suggestions as to the amount of credit a business may receive:
• Conservative Limit
• Aggressive Limit
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Download CreditReporterTM mobile app FREESign up for CreditSignal® FREE- If you see any discrepancies, fix them at: CompanyUpdate.com FREE
This material is proprietary to Dun & Bradstreet and may not be reproduced, published, or disclosed to others without the express consent of the company.
Sign up for CreditSignal® FREE– If you see any discrepancies, fix them at: CompanyUpdate.com FREE
Add good payment history
Know difference between personal & business credit
This material is proprietary to Dun & Bradstreet and may not be reproduced, published, or disclosed to others without the express consent of the company.
No surprise: You want good credit history to be reflected on your file
Not all bills are equal: Paying bigger bills first can help improve credit ratings
This material is proprietary to Dun & Bradstreet and may not be reproduced, published, or disclosed to others without the express consent of the company.
Keep an eye on your company’s D&B® scores and ratings
This material is proprietary to Dun & Bradstreet and may not be reproduced, published, or disclosed to others without the express consent of the company.
Keep an eye on your company’s D&B® scores and ratings
Download CreditReporter™ mobile app FREE
Evaluate the credit risk of business partners and maintain a healthy cash flow
This material is proprietary to Dun & Bradstreet and may not be reproduced, published, or disclosed to others without the express consent of the company.
Evaluate the credit risk of business partners and maintain a healthy cash flow
Get Free business credit monitoring with Business Monitor
This material is proprietary to Dun & Bradstreet and may not be reproduced, published, or disclosed to others without the express consent of the company.
Additional Webinars, Videos, Podcasts and Business Guides and much more available at:
b2b.dnb.com
Or call a D&B® Credit Advisor at 1.800.701.7168 for a free business credit consultation
This material is proprietary to Dun & Bradstreet and may not be reproduced, published, or disclosed to others without the express consent of the company.
The information and advice provided by Dun & Bradstreet and its Credit Advisors during business credit counseling sessions are provided “as is.” Dun & Bradstreet makes no representations or warranties, express or implied, with respect to such information and the results of the use of such information, including but not limited to implied warranty of merchantability and fitness for a particular purpose. Neither Dun & Bradstreet nor any of its parents, subsidiaries, affiliates or their respective partners, officers, directors, employees or agents shall be held liable for any damages, whether direct, indirect, incidental, special or consequential, including but not limited to lost revenues or lost profits, arising from or in connection with a business’s use of or reliance on the information or advice given during any counseling session.