Credit Reports
JBT credit reports list a company’s current credit rating,
number of credit inquiries in the past 90 days, collection claims,
trade payment history, principals’ background information and
other vital business information.
MAKE CONFIDENT BUSINESS DECISIONS
Members have online access to over 60,000 listed companies and Enhanced Members receive 5 free credit reports annually. If a company is not in our database, we’ll begin an investigation for the cost of a single credit report.
JBT credit reports provide:
- Payment scores based on a rolling average of payment days based upon agreed upon terms
- Claims placed with our Collections department, along with the status of each claim
- A summary of trade information within the report
- Listing of Officers/Owners including background information
- UCC activity, indicating lien filings/financing statements
- Notification of prior business listing for the officers/owners, business failures, bankruptcy filings, criminal records, etc.
- Notification of prior business closures leaving unpaid trade obligations with JBT Collections Department
- Location owned or leased
- Size of store, # of employees
- Insurance coverage
- Types of products and services provided
- Several other key facts
Knowing who you are doing business with is a key component to protecting yourself and your business
Members trust JBT credit reports to
Assess Risk
Maintain information on an existing account or qualify a new account
Make Credit Decisions
Determine whether to extend credit
Monitor Changes
Credit ratings, collection claims, recent developments impacting payments and more
Comply with Anti-Money Laundering Laws
Stay current with information on your customers