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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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