“Members (clients) enjoy deeper content and unprecedented 36-month historical trending”
Experian®, announced in December 2007 that its Small Business Credit ShareSM offers members exclusive access to expanded information, delivering more control over small-business risk. The program provides detailed account information, including industry firsts such as co-debtor information and extended 36-month payment history and credit utilization trending, to help improve portfolio management, maximize profitability and control costs.
Small Business Credit Share is a cooperative database that enables clients across multiple industries to contribute commercial information. In exchange, members receive exclusive access to unique account data from financial and non-financial trade contributors. The program leverages BizSourceSM and TrueSearchSM, Experian’s enhanced commercial database infrastructure and advanced search and match technology, provide members with new data elements, helping them make better, more insightful decisions.
“Small Business Credit Share unlocks the full power of the BizSource architecture, enabling us to provide members with a granular level of information and financial metrics that are unique in the industry,” said Marc Kirshbaum, President, Experian’s Business Information Solutions group.
Members of the program have access to easy-to-read reports containing detailed information: Business Inquiries, payment performance, public record data and ‘firmographic’ data.
Small Business Credit Share also provides new risk assessment tools, such as co-debtor information from Uniform Commercial Code (UCC) filings that enable members to identify affiliates of the business and 36-month historical views of payment performance, total credit utilization, financial credit utilization and revolving credit utilization. Source: Experian Press Release