Yes.
All Fullcheck credit reports are supplied with a credit scoring and risk analysis of the respective firm. These are generated from sophisticated software algorithms, which is proprietary information.
The credit scoring and risk analysis is divided into two types of scenarios. Those firms which have disclosed detailed financials ("A Type") and those which due to Public Disclosure laws for that country are not obliged to provide such details ("Type B"). Hence we maintain sufficient flexibility to cope with all types of scenarios worldwide.
The factors and weighting allocated in the Credit Scoring and Risk Analysis model include:
Credit Scoring
#
|
FACTORS
|
INCLUDES
|
"A" TYPE
|
"B" TYPE
|
1
|
Financial Status
|
- Financial standing
- Banking relations
- P&L
|
25%
|
10%
|
2
|
Principal/s
|
- Experience & background
- Education
- Industry specialization
|
10%
|
15%
|
3
|
Management
|
|
5%
|
5%
|
4
|
Family involvement & support
|
- Level of family involvement
- Years of family involvement
- Nature of family financial backing
- Reputation of the family
|
10%
|
15%
|
5
|
History
|
- Years in business
- Original of business
- Nature of development
- Degree of specialization
- Export/import history
|
5%
|
5%
|
6
|
References
|
- Bounced checks
- Trade references
- Supplier / buyer references
- Negative press coverage
- Agencies maintained
|
5%
|
10%
|
7
|
Litigation
|
- Defendant
- Litigating party
|
10%
|
5%
|
8
|
Liabilities
|
- Known liabilities
- Pending liabilities
|
10%
|
5%
|
9
|
Operations
|
- Scale of operations
- Operating character
- Legal status
- Employee size
|
5%
|
5%
|
10
|
Assets
|
- Real estate used by firm
- Factory / office value
|
5%
|
15%
|
11
|
Industry trends
|
- Market trend
- Level of competition
- Degree of uniqueness or patented products
|
10%
|
5%
|
12
|
Profitability
|
- Disclosed profits
- Estimated degree of undisclosed profits
|
Incl. In (1)
|
5%
|
"A" Type
In instances whereby the company discloses Full financials including P&L.
"B" Type
In instances whereby there is no Public Disclosure requirement for disclosure.
In addition to the credit scoring provided on Fullcheck reports GlobalCIS® also focuses on providing a more comprehensive company report, encompassing as much historical information and cross references to third parties as possible, to provide Users the ability to accurately gauge the credit worthiness of companies.