When you’re diving into your customer’s business credit report, it’s like having all the pieces of the puzzle already put together for you. Unlike the slow process of gathering trade references or bank references, or sifting through financials, our credit report provides all this information in one place. It’s amalgamated into a credit score, giving… Continue reading Check your customers’ financial health today with MCB
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Do you run credit checks?
How to Check Your Customer’s Business Credit Report and Score Did you know over 36% of businesses don’t run credit checks before signing contracts with new customers, leaving themselves open to financial risk? Additionally, 26% of businesses admitted that they don’t run credit checks on current customers either, missing out on a key metric… Continue reading Do you run credit checks?
Experian Main Street Report Q4
Resilience and consumer confidence spell growth Q4 report findings North American economic strength is riding on the backs of the resilient U.S. Consumer. For the past two years, the fear of an imminent recession rang in the ears of economists and consumers alike, radiating declining confidence in growth and the ability to prolong spending behaviors… Continue reading Experian Main Street Report Q4
10 great reasons to access credit reports
10 great reasons to access credit reports Knowledge is power and there are many reasons why you want to have power when it comes to credit reporting: Monitor your credit report to manage what decisions others will make about your payment terms, credit line, interest rates, insurance premiums, and investor relations Know who you’re doing… Continue reading 10 great reasons to access credit reports
Insights Commercial Pulse Report
Is the Retail Boom Hiding a Bigger Problem? January 30, 2024, by Marsha Silverman Retail sales reached a 4-year high of over $615B in December 2023 with yearly retail sales growing 4.6%. At the same time, lenders are tightening credit, and businesses within the retail sector are showing signs of stress with higher late-stage delinquency… Continue reading Insights Commercial Pulse Report