What Credit Checks can conjure up

“I don’t need those, where can I go wrong?

What do you mean it’s a company registered in Hong Kong!”

• There are many different services offering credit checks including Experian, Dun & Bradstreet, Equifax, Creditsafe to name but a few.
• These companies Impose strict credit limits.
• A credit check will let you know what kind of business you are dealing with, be it a Limited Company, a Partnership or a Sole Trader. It will also show the registered address and company number if it is a Limited Company, and whether or not they are still trading.
• Credit checks give you access to the list of Directors and Shareholders, past and present.
• They also display any past County Court Judgments the company has and a current credit rating.
• Consider completing credit application forms.
• Think about Associate Directorships and the history of that individual.