Experian introduces new commercial credit score Small Business Credit Share

April 6, 2010 - 7:43am | News | Plastic cards |
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Experian introduces new commercial credit score Small Business Credit Share

Leading global information Services Company, providing data and analytical tools to customers in more than 65 countries, Experian, announced the launch of its Small Business Credit Share(SM) financial acquisition score.

Experian's Small Business Credit Share, available exclusively to Small Business Credit Share members, represents a data reciprocity program that enables members across multiple industries to contribute more detailed commercial payment information than is typically provided. In turn, members get access to unique account data from financial and nonfinancial trade contributors.

Small Business Credit Share score is supposed to help small-business applicant to become severely delinquent or chronically delinquent on a financial instrument such as a commercial credit card, an installment loan or a lease within the next 12 months.

  The new commercial credit score will let Small Business Credit Share members maximize their customer relationships by providing them with more attractive credit conditions and limits.

Membership in the Small Business Credit Share program provides access to Experian's most robust tools, including:

• Market intelligence through customized portfolio benchmarking
• The new financial acquisition score
• Portfolio risk scores that predict delinquency at the product level
• Proprietary collection tools, including Delinquency Notification Service(SM)

 




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