The much loved brands of today became household names by expanding their business to reach a global audience; the internet has opened up new communication methods that allows business to be done across the world at great speeds. Trading overseas can open lucrative revenue streams for your business however it is not without risk. Almost 200,000 users across 200 countries rely on the information Creditsafe provide to make 450,000 international trading decisions daily. International company credit reports are keeping businesses safe and secure when they are trading internationally, and now we have launched even more countries with instant access company credit reports available.
With an international risk score on all our company credit reports, it is easy for you to compare local companies to global ones in terms of how risky it would be to trade with them. By using the same scoring range and risk descriptions for all countries, we make it easy for you to compare reports on a like for like basis. Our score is designed with simplicity, ranging from A-E, A being the lowest risk, D being the highest risk and E being unrated. It measures the likelihood of a company becoming insolvent within the next 12 months. Going into a foreign market can be difficult and there are many aspects to consider when expanding overseas, but with our international credit reports the fear of your customers not paying you can be reduced.
Just recently, Creditsafe have launched instant company credit reports in another 9 countries throughout the world, meaning an extra 40 million reports are available to view instantly online. We are proud of our data and our reaction to customer feedback; bringing 99% of offline company credit reports requested by our customers in 2015 online. We now have information on over 190 million companies in 51 countries worldwide, which are available in 102 languages. Our worldwide database is updated over a million times a day from over 200 sources, guaranteeing the most up to date information possible.
We have now launched instant company credit reports in Australia, Bangladesh, India, Nepal, Pakistan, Russia, South Korea, Sri Lanka, and Taiwan to add on to our current 42 countries. Although 99% of all reports are delivered instantly online, it’s not always possible to provide information on every business. Whenever a report is not immediately available to view online we will freshly investigate that business to bring you up-to-date information you can trust.
Depending on the market, the information we obtain will vary. Using official sources and registries we are able to quickly answer questions about a company’s stability and financial health. Where official information is not available, we will conduct a direct interview with the business.
Do you trade internationally? Request a free international report from us today!