Check your customers’ financial health with MCB today

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 with MCB today

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Categorized as Experian

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?

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Categorized as Experian

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

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Categorized as Experian

Insights Commercial Pulse Report

Interest rate changes coming; commercial credit demand continues January 16, 2024 by Marsha Silverman Small business owners’ optimism remains low due to concerns about the economy and credit conditions. According to the NFIB survey, business owners do not expect current business conditions to improve in the coming months and report that financing is their top… Continue reading Insights Commercial Pulse Report

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Categorized as Experian