Capitalise has announced a partnership with Experian. The Credit Review Service, will have the ability to quickly improve their business credit score using new, relevant information, including data from their management account and debtor book. Working with a team of expert analysts, customers will determine whether newly submitted information will result in a positive outcome2 within five working days.

The service also offers small businesses a far more comprehensive and detailed insight into their current financial position, allowing them to review their current score, and find areas where they may be able to improve it. It also provides easy access to valuable tools and resources to help them confidently manage their credit score going forward.

Paul Surtees, Co-founder and CEO at Capitalise said “When we launched Capitalise in 2016 our primary goal was to connect SMEs with the funding that was right for them. But we always had the ambition to do more, and the pandemic showed us clearly that small businesses needed help and support to build better financial health.

“Small businesses have had a tough ride, with the forecast for more uncertainty on the horizon. By giving them the relevant tools and resources, through the Capitalise Credit Review Service, we aim to help provide some of the stability they need to ride out whatever lies ahead.”

James McGarva, Managing Director of Business Information at Experian UK&I, said: “SMEs have been working hard to build a road to recovery in the wake of the pandemic. But doing this against a backdrop of economic uncertainty raises many challenges, including the ability to withstand future change.”

“By combining Capitalise’s reach and expertise with our unrivalled commercial data, we hope to help more SMEs take control of their finances and build much-needed financial resilience which will help their businesses prosper over the months and years ahead”

Source:  Credit-Connect