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Equifax primarily operates in the business-to-business sector, selling consumer credit and insurance reports and related analytics to businesses in a range of industries. [citation needed] Business customers include retailers, insurance firms, healthcare providers, utilities, government agencies, as well as banks, credit unions, personal and specialty finance companies and other financial ...
If the vendors report the credit information to the credit bureaus, tradelines will be created a business credit report. For new businesses, this can take some time. [2] If credit grantors use a Paydex Score in determining whether or not to grant credit to a business, they will usually want to see a score of 75 or better.
Equifax The consumer credit reporting giant Equifax was founded in 1899, under the name Retail Credit Company. The credit bureau grew to become one of the largest in the U.S. by the mid-1900s.
Based in Columbus, Ohio, the company offers services like fraud protection, credit information, identity verification, and receivables management. [ 1 ] [ 2 ] Innovis is a subsidiary of CBC Companies, but companies that report debt activity, such as Verizon , refer to the company by the name "Innovis", or simply state that they report to "all ...
Commercial credit reports are developed by Dun & Bradstreet, Experian Business and Equifax Business, and they house the information only from your company’s credit products and business affairs ...
A business credit score indicates whether or not your business represents a good credit risk to lenders. Like your personal credit score, your business credit score shows lenders that you pay your...
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