| Often, very little credit information is available for
new and small businesses. To help minimize risk, creditors ask for
personal guarantees and use the owner’s personal payment habits as an
indication of how the business is financed and how it will meets its
obligations.
Getting to know the owner’s credit history is key to making an
informed decision about the company’s ability to meet obligations. Is
the owner living within his/her means? Is there a bankruptcy in the
past? Are there a lot of outstanding debts?
To help our members access credit information on the owner of a
business, NACM has teamed with OneCreditSource.com (OCS), a trusted
source for quick, accurate online consumer credit reports.
Select the type report above to get more detail. |