How Do I Check My International Customers' Credit Reports?

10/07/2024

When you’re doing business internationally, understanding the financial health of your customers is crucial. You can check your international customers reports just the same as you usually do with Creditsafe. We have access to over 430 million business credit reports that you can access instantly to check your international customers with ease.

 

Need to check your international customers credit report?

Search for any business to get a free report

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International credit reports

With Creditsafe, you can credit check your international business partners to minimize the risk of exporting and trading globally. In fact, 99.9% of requested reports are delivered instantly online, giving you the crucial information you need to make informed credit decisions when working with customers from different countries.

Simply enter the name of the overseas company you wish to check, and within moments, you can access a comprehensive view of their creditworthiness. Whether you're evaluating potential partners or monitoring existing ones, having access to this data is essential for making sound business decisions.

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Why are international credit reports important?

International business carries inherent risks, especially regarding payment and compliance with varying laws and contracts. While you can’t eliminate these risks entirely, Creditsafe has built the world’s largest business credit database to help you mitigate them. An international report provides vital details, ensuring you can grow your client base with confidence, knowing that the businesses you’re dealing with are financially capable of paying for your goods and services.

Key features of Creditsafe’s international reports

International credit scores and limits: Our credit scores are standardized from A to E, simplifying cross-country analysis. This helps you quickly gauge the financial stability of international companies.

24/7 International monitoring: Stay updated with email alerts about the companies you engage with, both at home and abroad. This ongoing monitoring helps you keep tabs on any changes that could affect your business relationship.

Corporate hierarchy and UBO data: Understand the management structure of the international businesses you work with, including ultimate beneficial ownership (UBO) data. This insight allows you to better assess potential risks associated with your partners.

Manual investigations for missing reports: If a report for your chosen company is unavailable, don’t worry! Creditsafe will send an investigator to manually check the company and provide a fresh investigation report within ten working days.

International credit reports
Chapter 1

International credit scores

When doing business across borders, understanding credit scores can be tricky since different countries use different systems. That’s why Creditsafe created a standardized international credit score, making it easier for you to compare reports from various countries confidently.

A simple way to compare

Our standardized international score lets you easily compare businesses, no matter where they are located. The scoring system ranges from A to E:

  • A: Low risk
  • B/C: Moderate risk
  • D: High risk
  • E: Unrated

This straightforward system helps you quickly understand how likely a company is to face financial trouble in the next year. The goal is to make your credit decisions faster and simpler.

While we may not have information on every single business in the world, you can count on us for quick access. In fact, 99.9% of the business credit reports you request will be available instantly online. If we don’t have a report for a company, we’ll jump into action and investigate it right away, so you get the reliable information you need.

Creditsafe empowers companies of all sizes by providing real-time, accurate, and trusted information on any business worldwide. Over 200,000 users globally rely on our data to make around 450,000 decisions daily. By tapping into our extensive database, you can maximize your sales potential and reduce your exposure to credit risk. Gathering reliable business data from around the globe is challenging, but our network of 16 offices and local partners helps us collect up-to-date information while benefiting from local knowledge and expertise. This ensures you have access to the information you need to make informed decisions, even in complex international markets.

 

Checking your international customers' credit reports with Creditsafe is straightforward and crucial for your business’s success. By utilizing our comprehensive database and robust reporting features, you can make informed decisions, minimize risk, and grow your business with confidence, no matter where your customers are located. Start your journey today by entering a company name and gaining insights that will help safeguard your international transactions.

Need to check your international customers credit report?

Search for any business to get a free report

Steve Carpenter

About the Author

Steve Carpenter, Country Director, North America, Creditsafe

Steve Carpenter oversees business operations, sales, P&L, product and data. With an impressive 16-year tenure at Creditsafe, Steve has played an integral role in the company's international expansion efforts, spearheading global data acquisition and fostering global partnerships.

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