Credit Check
Secure your business before you do business.
This service is ideal for businesses looking to gain more insight into their customers’ creditworthiness before engaging in significant transactions or making long-term agreements. Whether you are leasing equipment, renting property, or offering credit terms, a credit check will give you peace of mind and help you avoid financial setbacks.
Why consider a Credit Check?
Performing a credit check on potential customers is an essential step in mitigating risks, especially when entering into agreements that involve credit or extended payment terms. With the right information, you can identify customers who may present financial risks, ensuring that your business avoids the potential for late payments, defaults, or other financial issues that could impact your operations.
Key Credit Check Benefits
Minimise risk
Understand the financial standing of a potential customer before entering into a business relationship.
Ensure Timely Payments
Assess the likelihood of a customer paying on time and in full.
Make Informed Decisions
Use credit score data to decide whether to offer credit, extended terms, or to proceed with leasing agreements.
Protect Your Business
Avoid costly mistakes and safeguard your revenue by knowing the credit risk posed by a potential customer.
What Does the Credit Check Service Include?
Credit Score Assessment
A detailed report of the customer’s credit history, rating, and any past issues.
Payment History Review
Insight into the customer’s track record of paying bills, including any late payments or defaults.
Current Financial Standing
An overview of the customer’s current financial position, including any active credit lines, outstanding debts, or bankruptcies.
Risk Profile
An assessment of the overall credit risk based on the customer’s financial behaviour and history.
How Do You Access the Credit Check Service?
Important Considerations
- Confidentiality: All credit check reports are handled with the utmost confidentiality and will not be shared with third parties. We value the privacy of your business and your customers, and we ensure that all data is treated securely.
- Additional Fees: Please note that the credit check service may incur additional fees. These fees are based on the scope of the credit report requested and the specific details of the potential customer.
- Eligibility: This service is available for businesses seeking to vet their potential customers or clients before entering into any agreements that involve financial risk.
Get Started Today
Don’t take chances with your business. Let Sheriff & Penny help you verify before you trust.