By Nick Winters
Dun & Bradstreet reports provide detailed reports on millions of businesses internationally. These reports help companies decide who to do business with, making it important to know how to read a Dun & Bradstreet report to both evaluate other companies and to understand what is said about your own. Following are comprehensive summaries of some primary portions of a Dun & Bradstreet report.
- Business Summary - This summarizes basic business information, such as address, year started and names of primary managers. It also contains an SIC code, identifying what type of business the company is.
- Payment Analysis - The payment summary gives detailed information on the company's payment history. It also provides a PAYDEX, measuring how punctual the company has been in paying its bills compared to others in the same industry.
- Credit Score Summary - This portion predicts the likelihood that a company will make late payments. It is calculated using the most recent payment information available to Dun & Bradstreet.
- Financial Stress Summary - Predicts the likelihood of a company to cease operation without paying back creditors. This is based on the individual company's financial stress record and trends of other companies in the same industry.
- Business Background - Provides more detailed information on primary managers of the company such as history, as well as history of the business. Also provides information on company operation, telephone and fax numbers, and addresses of additional branches of the company.
- Financial Summary - Detailed information on company assets, loans and cash flow. This is useful in determining a company's ability to afford debts.
- Public Filings Summary - This lists all public filings for a company, including judgments, suits, liens and UCC filings. Full information on these filings are not available in the D&B report.
Not all of these sections will be available on a Dun & Bradstreet report. Some of them have to be requested. It is nevertheless important to know how your company stands in all of these areas when you decide to go into business with another company, or to understand Dun & Bradstreet reports are available to evaluate those companies before you make agreements. These areas are all used to determine if a company is qualified lessee for Equipment Leasing or Equipment Financing.
Equipment Leasing Article from : tridentleasingcorp.com/equipment-leasing-articles/article.cfm/article/11/How-to-Read-a-Dun-&-Bradstreet-Report
Written By: Nick Winters at Trident Leasing Corporation
Trident Leasing Corp. provides a broad range of cost effective and flexible equipment leasing and financing programs for the purchase of new or used Industrial, business, or manufacturing equipment. Our focus is on providing your business with the ongoing support of a team of equipment leasing professionals that can tailor solutions to meet your business needs today and in the future.
For over 10 years Trident Leasing corp has helped hundred of companies get the equipment lease financing they need to continue to expand their businesses. Our team has successfully helped companies of different sizes across a wide variety of Industries.
We pride ourselves on offering our customers straightforward information on leasing and financing equipment so that they can be comfortable in making a decision that best meets their needs. We offer a range of completive financing solutions for customers and do our best to offer your business exactly what it needs and if we aren't the best option we'll let you know that too.
We understand that long term business success is built on relationships and our team strives each day to provide our clients with the highest levels of information, expertise, and services. Our goal has always been to help customers get access to the capital and financial expertise they need and to help develop a partnership that will be there for them now and in the future.
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How to Read a Dun & Bradstreet Report
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