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Building a Strong Business Credit Profile

Date post: 25-Jan-2017
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Page 1: Building a Strong Business Credit Profile
Microsoft Office User
How about "Building a STRONG Business Credit Profile"
Page 2: Building a Strong Business Credit Profile

“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

Page 3: Building a Strong Business Credit Profile

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.

Microsoft Office User
1) Who Are We?
Microsoft Office User
2) What is Business Credit?
Microsoft Office User
3) Why Should You Care?
Microsoft Office User
4) What's in Your Profile?
Microsoft Office User
5) What Steps Can You Take?
Page 4: Building a Strong Business Credit Profile
Page 5: Building a Strong Business Credit Profile

• 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

This material is proprietary to Dun & Bradstreet and may not be reproduced, published, or disclosed to others without the express consent of the company.

Page 6: Building a Strong Business Credit Profile

• 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.

Page 7: Building a Strong Business Credit Profile

This material is proprietary to Dun & Bradstreet and may not be reproduced, published, or disclosed to others without the express consent of the company.

Page 8: Building a Strong Business Credit Profile

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…

This material is proprietary to Dun & Bradstreet and may not be reproduced, published, or disclosed to others without the express consent of the company.

Page 9: Building a Strong Business Credit Profile
Page 10: Building a Strong Business Credit Profile

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.

Page 11: Building a Strong Business Credit Profile

This material is proprietary to Dun & Bradstreet and may not be reproduced, published, or disclosed to others without the express consent of the company.

Page 12: Building a Strong Business Credit Profile
Page 13: Building a Strong Business Credit Profile

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.

Page 14: Building a Strong Business Credit Profile

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.

Page 15: Building a Strong Business Credit Profile

Credit Limit Recommendations

Provides two suggestions as to the amount of credit a business may receive:

• Conservative Limit

• Aggressive Limit

This material is proprietary to Dun & Bradstreet and may not be reproduced, published, or disclosed to others without the express consent of the company.

Page 16: Building a Strong Business Credit Profile
Page 17: Building a Strong Business Credit Profile

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

Page 18: Building a Strong Business Credit Profile

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.

Page 19: Building a Strong Business Credit Profile

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.

Page 20: Building a Strong Business Credit Profile

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

Page 21: Building a Strong Business Credit Profile

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

Page 22: Building a Strong Business Credit Profile

This material is proprietary to Dun & Bradstreet and may not be reproduced, published, or disclosed to others without the express consent of the company.

Page 23: Building a Strong Business Credit Profile

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.


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