Business credit reporting agencies

Business credit reporting agencies are organizations that collect, analyze, and store financial and credit information about businesses. They evaluate a company’s financial health, payment history, and creditworthiness, then generate reports that lenders, suppliers, and partners use to assess the risk of doing business. These agencies help determine if a business is reliable and able to manage credit responsibly, influencing things like loan approvals, interest rates, and supplier relationships. Examples include Dun & Bradstreet, Experian Business, and Equifax Business. Their reports are essential tools for making informed commercial decisions.