A business credit report provides the registration details of the company, including any civil court records on the company as well as default information relating to non-payment of accounts. It provides banking details on the company, property and bond information as well as a credit history on the company.
This is essential when entering into a business agreement with another company. Fraud is rife today and rather enter into a business relationship well prepared than be caught short when the other party is in financial difficulty and your business is negatively affected by this situation.