What is a Credit Check?

Your business success is determined to a great degree by the quality of your customer relationships. The ability to recognise both risky and promising customers and design business relationships accordingly is essential for optimising your business results. Credit checks give you a holistic assessment of the solvency and creditworthiness of customers based on comprehensive data, from personal data to bank details, whether your customers are potential buyers, tenants or apply for a mortgage or loan. A credit check is therefore the basis for deciding which customer relationships should be developed and on which terms and conditions.