Small Business Credit Report

A vibrant, user friendly, data rich report tailored to the Canadian marketplace

The Small Business Credit Report is the first credit report designed to provide credit data from Canada’s largest banks on small businesses. The data covers specific small business payment behaviour, which demonstrates the payment patterns of a small business credit facilities, authorized limits and outstanding balances, which ultimately increases the visibility of the overall financial health of a small business for improved risk decisions.

Applications

Risk Mitigation

• More informed, decisions across the customer lifecycle
• On board with confidence using robust risk information to reduce losses and minimize fraud
• Learn more about businesses already on your books
• Improve your Know Your Customer (KYC) and compliance requirements through third-party validation
• Validate credit and compliance needs through a single source risk solution provider
• Lend and provide services with increased confidence to empower small business growth—and contribute to the growth of the Canadian economy

Operational Efficiency

• Automated decisioning
• Multiple access options (web, system-to-system, and batch)
• Cost savings (requires fewer resources, reduces manual processes)
• Provides integrated access to small business and owners’ files through one web interface
• Automate and streamline your small business adjudication process through one central source that aggregates key data sources within one transaction

Revenue Generation

• Identify growth opportunities in your book of business
• Target the right products
• Refine your line management strategies