• Do the International reports have a credit rating system? Does this include a credit limit as well?

Do the International reports have a credit rating system? Does this include a credit limit as well?

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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
  • Organization
  • Structure

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.