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Coface UK launches InfoLine

20/09/2006

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Credit management solutions provider Coface UK has launched InfoLine, the first service to combine factual business information with robust risk analysis from an insurer.

The solution is now available to all businesses to help them understand the creditworthiness of their customers.

Delivered in partnership with leading business information supplier Graydon UK, InfoLine is a dedicated online facility which provides a simple way of obtaining crucial commercial credit information.

The service combines access to Graydon UK’s up to date business information reports on over 4 million UK registered companies and non-incorporated businesses, with Coface’s unique @rating score.

The @rating score is driven by Coface’s extensive experience as a credit insurer with current research and the latest thinking on financial predictability to identify possible business failures.

Businesses can also access additional information linked to each report, such as director and mortgage information or request reports on companies not currently listed in the database.

InfoLine puts the user in control, allowing them to select specific companies on which they receive regular updates in order to monitor changes in status, such as credit rating changes or submission of accounts.

Andrew Share, Information Manager, Coface UK, stated: “Access to reliable, tailored information on potential customers, suppliers or business partners is vital to the success of any business.

"However, in the past comprehensive credit information and an insurer’s ratings have only been accessible to those who hold a credit insurance policy.

"InfoLine now makes the same high level of credit information available to any business to help them make swift, well-informed business decisions.

“The online reports have been designed to give the client key information on the front page, with the option to drill down for further details.

"The site also displays negative information in red and offers user-friendly explanations of financial terms to make the decision-making process as straightforward as possible.”

 

Source: Credit Control Journal

 

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