Entity Commercial Enquiry

Credit history of your commercial customers

Tailored, fast credit risk assessment is essential to reducing the risk of future losses in your business.  Often high risk organisations receive credit when their credit activity history and/or public record information is unknown at the time of application. 

 

Veda's Entity Commercial Enquiry gives you the credit history of a company or businesses, as held on Veda's database, together with public record information and ASIC data stored on Veda's database helping you determine credit worthiness.

 

Commercial enquiries can help you:

• Make informed lending decisions by gaining insight into a customer's willingness and ability to pay
• Limit exposure to bad debt by giving you insight into the customers' behavior and allowing you to implement appropriate debt management strategies such as changing payment terms.
• Help ensure you are dealing with the correct legal entity
• Make timely decision with real time reports.