commercial credit reports

You've felt it before. Even if you've managed to avoid it,
you know someone else who hasn't been so lucky.


What are we talking about? The anxiety experienced when you make a credit decision, only to find out too late that the report you had didn’t cover the last year of stomach-churning drops in the company’s credit rating — that sudden, looming realization that you might never get the money for that sale.

Ansonia's expertise is to make sure you never feel this again.

Your business needs accurate, flexible business credit reports. You need them FAST and up-to-date... and you want them to be highly affordable. We are the NEW credit reporting service that is bending over backward to give our clients exactly what they need.

See the difference.
Try our free credit report today.




Why Our Data is Better

Our Data
is Unique

We collect data from all types of businesses — from Mom & Pop all the way to Fortune 500. Our state-of-the-art platform enables us to accept data files that other business credit companies cannot.

Our unique database translates to more relevant information, which translates into you making better credit decisions and making more money. Many businesses find that Ansonia’s core business credit report is the only credit risk decision tool they need.

Our Data
is Fresh

What would happen if you gave a customer a large amount of credit, only to find out too late that the report you had didn’t cover the latest stomach-churning drops in the company’s credit history? You may have a sudden, looming realization that you might never get the money for that sale.

Ansonia to the rescue! Unlike many other credit reporting companies, we continuously update our database 24/7, ensuring the freshest data possible. And with a click of a button, you can get the latest judgements and public records. This is our expertise — to lessen your anxiety over future credit decisions.

We Do Not Buy
Our Trade Data

There are some business credit reporting companies that buy, repackage and resell other credit reporting companies' data. We collect our own up-to-date and reliable data and don't sell it to other companies. Nor do we buy data reports from other companies. Our database is unique and secure.


We Do NOT Own or Partner With A Collection Company

Some credit companies partner with collection agencies and may have conflicting business dealings. We are strictly in the business of providing credit data intelligence to businesses.

It's the only thing we do and we do it well. You can depend on us to ALWAYS give you accurate information that will benefit your business.



Up-to-Date and Accurate

We are very pleased with the quality and reliability of Ansonia’s credit information. The information is always up-to-date and accurate, and obtaining credit reports is a very simple and fast process. Furthermore, the level of personal support and service we receive from Ansonia is top-notch. We are extremely fortunate to consider Ansonia as a trusted and valued partner in the transportation industry — they definitely help make our job easier!”

—Eric Belk, Vice President
Match Factors

Members who provide data receive up to a 40% discount on their business credit reports.





No Finance Degree Needed

Have you noticed that reports from the other business credit report companies are extremely hard to read? You need to learn about a customer's credit worthiness fast. But you're stuck wasting time trying to figure out a report that is full of numbers, but doesn't tell you much.

It's difficult to tell a good customer from a bad one. There may be a note the customer was 90 days delinquent on a payment, but you are not told if that was years ago with just a single slow payment, or if the customer is delinquent all the time. And hey, if you can't find out what you want to know NOW, the report is worthless. You might as well flip a coin.

This hurts your business. You may take a chance on a customer who winds up burning your company. On the other hand, you might pass on somebody that would be a great customer — and you lose the sale.

Ansonia saw this problem and fixed it. Our reports are extremely easy to read. We go the extra mile to make sure ALL the numbers make sense. And we are sticklers for assuring you have the exact stats you need when you need them.


No Pre-Paid Contract Required

Annual contracts are devised to lock people in long term. Other business credit reporting companies encourage you to give everyone in your company access to their information — the more employees running reports, the better.

And when contract renewal time comes, they pull out a 10 pound stack of all the invoices you pulled to support why you can’t live without them. Oh, and buy the way, your price goes up.

Often they will offer a business a three-year contract with price escalations. So they lock you in, guarantee themselves a nice revenue increase each year, all while selling the exact same report.

Why should you agree to pay 3-5 percent more over a period of 3 years for the exact same report? If it’s the same report, why should you have to pay more from year to year? Are the reports giving you more value? We offer you a better solution.

With Ansonia, you only pay for what you use. No long term contracts. No escalating fees over time. And to top it off, members who provide data receive a discount of up to 40% on their business credit reports. You get the accurate, easy-to-access credit reports you need at a dramatic savings.

Additionally, members who provide data receive up to a 40% discount on their business credit reports.






Customizable Reports Lead to Better, Faster Credit Decisions



 

Watch the video below to see how your report would work.
commercial credit reports

You Can't Go Wrong with Ansonia

When Transwest Capital first started out we were using another credit data company to verify the credit-worthiness of our debtors. While we were not unhappy with the company, we did not know what we were missing until we signed up with Ansonia Credit Data. After switching to Ansonia, we started to realize that the information we were previously using was not as fresh as advertised. With Ansonia, we know we are receiving the most up-to-date and in-depth look at a debtor’s credit-worthiness. In a word, we had become complacent with the previous company, trusting that their data would help us protect our receivables. It did, to a point. Now, we feel as if we have a partner watching our backs 24/7. Coupled with the customer service the staff at Ansonia provides, you can’t go wrong with Ansonia Credit Data.”

—Brian Cummings, Operations Manager
Transwest Capital



We Can Integrate With Your Software

We welcome special programming requests. Have you ever tried to get a customized project with one of our competitors? One of our current clients signed a contract with our competitor to provide a customer-facing online credit application.

Our client worked with that company for over an entire year, and failed to receive a working product. We took this project on from scratch, and had the entire process ready to go in just two months.

Businesses run lean shops. Employees are generally expected to do more and more in a finite number of hours per day. Automation/integration is the key.

With our 21-st century, state-of-the-art technology, we easily integrate with any software. We can “push” data intelligence to our customers to help them streamline their processes. These kinds of tools mean you don’t have to pay someone to sit at a desk and look at credit app after credit app and run one report at a time.



ansoniaphonelines

Live People Answer Our Phones

This really shouldn’t merit a mention. After all, it’s common sense that a company would take calls from their clients so they could help them and provide great customer service. Right? Wrong.

Most calls to our competitors seem to be sucked into a pit where voicemails go to die, leaving you stranded and without help. Fortunately, that’s not how we operate.

It’s a point of pride for us to pick up the phone when you call and to give you as much help as you want. So if you don’t want to feel like you’re alone in the dark, give us a call now at 1-855-267-6642 to let us shine some light on your situation.


ansoniarule

Ansonia Clearly has the
Advanced, Customer-Oriented
Business Credit Reports You Need

By combining top-notch, highly reliable credit reports with caring customer service and BIG savings — Ansonia is rapidly becoming the first choice for businesses of all sizes.




See the difference.
Try our free credit
report today.

•  Verify a new customer
•  Check an existing customer
•  See the difference
ansoniareportfloat

Or Call Us Today at:
1-855-267-6642



Grab This Powerful Arsenal Of Business Credit Reporting Tools That Only Ansonia Can Give You:


Become one of the new savvy business owners who use Ansonia and profit from the following:

•  Ansonia Sells Only Business Data – we only concentrate on business credit reports.

•  Ansonia’s Business Data is Always Fresh, not Stale – We update 24/7.

•  Ansonia Does Not Resell Your Data – Your customer data is safe with us.

•  Ansonia Works With Everybody – From small businesses to Fortune 500 companies.

•  Ansonia Collects Unique Data – We collect data the big guys can’t even touch.

•  Ansonia’s Reports Are Easy To Read – You’ll know exactly how your customer pays.

•  Ansonia’s Reports Are Customized – You decide on what data is important to you.

•  No Prepaid Contract Required – You are not tied down, wasting money.

•  We Keep It Simple – Anybody can read our reports and understand them.

•  Live People Answer Our Phones – The others don’t, nor do they care to.

•  We Do Not Own Or Partner With A Collection Company – We provide unbiased data.

•  Customizable Software Integration – We integrate with any software you run.

•  Automation Is The Key – Request as few or as many reports as you want.


We're here to get you started.
Call us now for your no-cost, no-obligation discussion.


 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


Commercial Credit Reporting Agency Articles

 

3 Quick Business Credit Report Red Flags to Avoid Bad Debt

Extending credit is a requirement of doing business today. This necessity unfortunately opens you up to credit risk and the potential for bad debt.While you may not avoid all credit risk, credit managers are able to greatly reduce their likelihood of a collection account or bad debt by pulling a business credit report.

Good credit managers are able to read a credit report to understand how a company has historically paid their bills. Great credit managers are able to use a credit report to predict how they can expect to be paid.

Within the report, are red flags that these great credit managers look for to avoid bad debt.

The 3 Bad Debt Red Flags on a Business Credit Report

Knowing how to read a business credit report is a requirement of any good business credit professional. It is the great ones that are able to use a report to avoid the likelihood of bad debt.

Here are 3 red flags that they look for to reduce their credit risk.

1) Low Business Credit Score

Business credit scores give you an idea of risk potential. Each business credit bureau has their own scoring system, but the scores are usually calculated based on factors in the following four areas:

1. Payment history

2. Current level of indebtedness

3. Current level of delinquencies

4. Length of credit history

Each bureau will tell you what range of scores they consider high risk. On an Ansonia Business Credit Report, a risk score of 70 or lower is considered high risk.A low score is not cause to deny a company credit on its own; use your judgment here. If the company has a low business credit score and other adverse information on their report (such as flags #2 and #3 below), you are probably better off working with them on cash terms.

2) Credit Alerts

Credit alerts are never a good sign. Ansonia displays in bright red, hoping to literally alert our customers of the adverse information.

The severity of the credit alert can range greatly, from a bankruptcy to a slow pay.

While this is not a hard and fast rule, alerts can be grouped into two categories: approach with caution and approach with EXTREME caution (creative right?)

Approach with caution

  • On cash terms

  • Slow pay

  • Phone disconnected

  • Returned check

    These are often early warning signs. For example, if a company is starting to have cash flow issues, you might see a slow pay or on cash terms.It is important to note that alerts in this category can sometimes be explained:

    Slow pay - possibly a billing error

    Phone disconnected - the company just moved offices

    Regardless, approach these with caution; an alert is still an alert.

    Approach with EXTREME caution

  • Bankruptcy filed

  • Fraud account

  • Credit revoked

  • Judgment filed

  • Write-off

  • Collection Account

    Can you imagine if your company had one of the above alerts posted on your company credit report? These are big, bright, flashing red flags. They almost always indicate that a company is in trouble.

    If one of the above alerts is present, cash terms are recommended over extending a credit line.

    Credit alerts are never good. Regardless of its severity, an alert is always cause for further investigation. They are the cause of a lot of bad debt and write offs.

    When you see one, be careful.

    See a full list of credit alerts from Ansonia here.

    3) Increasing Days to Pay and an Abnormal Number of Credit Inquiries

    One of the best early warning signs on the credit report of a company is an increasing number in days to pay. This increase is especially worrisome if it is coupled with an abnormal number of credit inquiries (the number of times a business credit report has been pulled).

    What is an abnormal number? Look for a trend here. For example, a company has consistently had 4 inquiries on their credit report, and in the most recent two months has had 12 inquiries.

    The combination can often signify that the company is in trouble. It often means that they are having trouble paying their current creditors (increase in days to pay) and are out looking for new creditors (abnormal number of credit inquiries).

    Pulling a business credit report before extending a credit line can drastically decrease your credit risk. There are many things to consider on a report and these three are some of the worst in terms of risk potential. Avoid them and you can greatly reduce your chances of taking on bad debt.

     


    You Can Find More Information at www.ansoniacreditdata.com/

    Call Us Today at: 1-855-267-6642

  • Accounts Receivable Management: When Good Customers Go Bad

    Business relationships are built on trust. Initially a business credit report may be pulled in order to establish creditworthiness. Over time, as credit lines are extended and paid, that trust can grow into a valuable working relationship: one which extends beyond services rendered and payments made. In fact, relationships such as these are a key component of good accounts receivable management.

    Many companies understand the 80/20 rule: that 80 percent of their business typically comes from the top 20 percent of their customers. These are relationships to be cultivated and nurtured. But with the volatility of many markets and the inherent risks in doing business, there is no guarantee that your best customers will remain your best for the long haul. How do you tell if a good customer is going bad?

    The Warning Signs a Good Customer Could Be Going Bad

    Lines of Communication Go Silent

    One of the hallmarks of a good customer is that they pay promptly and in full: they take responsibility for their own payment schedule. If they anticipate a problem, they call in to work out a solution; after all, a temporary accommodation for a valued customer is preferable to losing the customer outright, or having accounts go delinquent and damaging the customer relationship.

    But when payments slow down or cease without warning or explanation, there is something wrong. If you have to contact them to get information on the status of a payment, it could be a sign that they are in trouble and are not confident that they will pull out of it in a time frame they can work with you on.A transparent business credit report can be a good way to check the payments pulse of a company. If there is a recent slowdown in payments on multiple credit lines, that could spell danger.

    The Tone of Conversation Shifts

    If you have enjoyed a cordial relationship with your customer, a sudden personality shift is not a good sign. If the customer is defensive, irritable, or evasive when the topic of payment comes up, something is rotten in the state of their finances, and it may be causing them strain they do not want you to see.A company under financial stress may also turn to complaints, even demanding restitution for goods or services which they had been satisfied with in the past. In general an adversarial relationship between your company and your customer is something to be avoided, but an adversarial shift from a customer with whom you have had a lasting good relationship is a big warning flag.

    Gaps and Mistakes in Payment History

    If you work with a company you invoice regularly, you may see that some isolated invoices begin to be neglected. This can be a delaying tactic, employed to gain the company more time to come up with funds: they can wait for you to contact them, claim the invoices were never received, ask for them to be re-sent, and then insist that they have a grace period from the date of invoice receipt rather than the original invoice issuance.

    A recent business credit report can also give you an idea of whether or not the invoices for multiple accounts have mysteriously gone missing, or if it is just that your lines of communication have actually become tangled.

    Another delaying tactic can be slight mistakes in payments, such as checks issued to companies with misspelled names: the time it takes your company to catch the mistake and call your customer on it can provide the customer with a little extra breathing room to scrape together funds. However, the fact that they need to rely on these falsifications indicates that their cash flow is unstable; whether or not the check goes through in the end.

    Falling Credit Scores

    If you have a number of companies to whom you have extended lines of credit, it is a good idea to keep an eye on their ongoing credit scores. While not all financial credit will show up as a credit alert on a business credit report, it will give you the tools to gauge the general financial health of a company. If, for example, a customer you have worked with in the past shows a trend toward longer and longer delays before payment, or a swell in the number of credit inquiries being made on them (indicating that they may be applying for lines of credit from multiple sources), it could be an early warning sign.

    When a customer starts showing credit alerts, it is time to run, do not walk, to cash-only terms. The unfortunate fact is that good customer relationships do not always last forever, and it is up to your company, and its accounts receivable managment team, to monitor business credit reports and protect itself from credit lines that suddenly become high risk.

     


    You Can Find More Information at www.ansoniacreditdata.com/

    Call Us Today at: 1-855-267-6642



     

    Sharing Accounts Receivable Data...What is In It for Me?

    Do you share your accounts receivable data? According to a survey taken in June 2012 by the NACM, 51% of the businesses polled indicated they shared their accounts receivable information with credit reporting companies. A significant 46% indicated no and 3 percent were unsure.

    What the survey did not ask was what percentage of the 46% who did not share data, relies on the information from business credit reports in their companies. Valuable credit information cannot be maintained with a take and not give policy. Businesses that benefit from the information being shared by others should consider reciprocating. This is especially important for small and medium businesses and privately owned companies that have even less published information available on them. In addition, as a supplier, reporting timely payments from your customers lends to their creditworthiness and assists them in obtaining credit or financing they may need to grow their business. The sharing of payment history and account data also moves a credit bureau from merely a provider of the commodity in the form of information to a solution provider. Credit bureaus have the platform and analysis in place to assess and scrub data being provided by various sources through a variety of means providing credit professionals clear and concise reporting for their credit analysis as well as monitoring tools to assist in credit risk management.

    So what is in it for me?

    Solid Information

  • Most data files are provided electronically on either a weekly or monthly basis, insuring the most timely information.

  • Relying on customer so-called trade references is both time-consuming and risky. You may find you have been provided with references for the few customers that are getting paid well, or worse yet, spend countless hours calling and gathering information from fraudulent references all together.

  • Credit bureaus that provide customized reporting allow you to compare your reported experiences and trending against others in or outside of your industry

    Leverage

  • Customers are more likely to pay within terms when they know their payment behavior is being submitted to credit bureaus.

  • Reporting timely payments lends to the creditworthiness of your customer assisting them in obtaining additional credit or financing they need to grow their business.

    Accounts Receivable Monitoring Tools

  • By providing your data, the credit bureau knows who your customers are. This enables them to push or automatically notify you of Alerts on your customers. Alerts can include: bankruptcy filed; fraud account; judgment filed; nonpayment complaint; ownership change; returned check; changes in payment behavior; and write-off.

  • Accounts receivable analysis reporting will also allow you to compare payment trends of current customers against other creditors as well as flagging current issues, potential concerns and possible fraud.

    Incentives

  • Most credit bureaus will provide discounted services to data contributors regardless of the account size.

    Ease of Reporting

  • Continual advancements in technology allow for more accurate, timely and streamlining of data file sharing. Most accounting software platforms have reporting extracts available that are accepted by most credit agencies.

  • No need for additional programming costs or man hours to compile and contribute.

    Anonymous

  • Reporting to a reputable licensed credit bureau that maintains the anonymity of its contributors provides the assurance many companies need for providing sensitive information.

  • The credit bureau should report only the industry of its contributor allowing for comparison of experience while keeping the name of the provider confidential.

    If you are not currently sharing your accounts receivable information, consider starting this month. Take full advantage of the useful information provided by your peers and the multitude of other benefits gained by sharing. It is just good Karma!

     


    You Can Find More Information at www.ansoniacreditdata.com/

    Call Us Today at: 1-855-267-6642

     

    A Sample of business credit reports
    found in Ansonia's database

     

    Company Name:  CASCO BAY STEEL STRUCTURE INC

    Street Address: 1 WALLACE AVE

    City: SOUTH PORTLAND

    State/Province/Other: Maine

    Zip: 23320

    Country: United State, U.S.

    Phone: 509-783-8178

    Rating: Available!

    Historic 25 months

    Average Days To Pay: Available!

    Average Outstanding Balance: Available

    Total Companies Reporting Payments History: Available!


    Would you like to know how CASCO BAY STEEL STRUCTURE INC pays their bills?

    Call Us Today to Get Your Complete Business Credit Report
    For CASCO BAY STEEL STRUCTURE INC at: 1-855-267-6642

     

     

    Company Name:  VINYLTECH CORP

    Street Address: 201 S 61ST AVE

    City: PHOENIX

    State/Province/Other: Arizona

    Zip: 85043

    Country: United State, U.S.

    Phone: 414-291-8840

    Rating: Available!

    Historic 25 months

    Average Days To Pay: Available!

    Average Outstanding Balance: Available

    Total Companies Reporting Payments History: Available!


    Would you like to know how VINYLTECH CORP pays their bills?

    Call Us Today to Get Your Complete Business Credit Report
    For VINYLTECH CORP at: 1-855-267-6642

     

    Company Name:  AMAZON

    Street Address: PO BOX 80387

    City: SEATTLE

    State/Province/Other: Washington

    Zip: 98108

    Country: United State, U.S.

    Phone: 940-387-4388

    Rating: Available!

    Historic 25 months

    Average Days To Pay: Available!

    Average Outstanding Balance: Available

    Total Companies Reporting Payments History: Available!


    Would you like to know how AMAZON pays their bills?

    Call Us Today to Get Your Complete Business Credit Report
    For AMAZON at: 1-855-267-6642

     

    Company Name:  COCA COLA COMPANY, THE

    Street Address: 1 COCA COLA PLAZA NW

    City: ATLANTA

    State/Province/Other: Georgia

    Zip: 30313

    Country: United State, U.S.

    Phone: 303-427-4432

    Rating: Available!

    Historic 25 months

    Average Days To Pay: Available!

    Average Outstanding Balance: Available

    Total Companies Reporting Payments History: Available!

     


    Would you like to know how COCA COLA COMPANY, THE pays their bills?

    Call Us Today to Get Your Complete Business Credit Report
    For COCA COLA COMPANY, THE at: 1-855-267-6642



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    Commercial Credit Reporting Agency
     

  • Where to get commercial credit reporting agency
     
    commercial credit reporting agency
    2108 Caton Way SW
    Washington
    USA
    1-855-267-6642