Automate Your Business Workflow and Assess Creditworthiness in Real-Time with Commercial Credit Checker
As a business owner, you may need to access loans, leases, or credit lines to sustain and grow your company. However, your business credit report plays a crucial role in obtaining credit and determining the loan terms. Commercial Credit Checker by Cloud Maven, Inc. is a solution that automates the workflow within Salesforce, providing lenders with an efficient and secure way to assess a company’s creditworthiness.
Before approving a loan, lenders must evaluate the financial risks of lending to a business. Checking the business credit report helps them to make informed decisions and offer favourable loan terms. Commercial Credit Checker enables lenders to obtain instant business credit reports from Experian, Equifax, PayNet, and DataMerch, which provide comprehensive data on a company’s payment history, creditworthiness, and outstanding balances. Lenders can access this information directly from any Salesforce standard or custom object, without leaving the Salesforce environment.
Commercial Credit Checker combines critical risk information such as payment patterns, legal filings, collections, fraud, and bankruptcy into a single report, which helps lenders protect themselves from bad debt and unpaid invoices. With over 365 million businesses in 62 countries, this solution provides lenders with multi-segment reports on a single page, which makes it easier to assess creditworthiness and determine lending decisions. The solution is integrated with the IRS TIN/Name matching, EIN/Name lookup, and Death Master file, which are validated by TIN check.
The solution assists lenders in automating decisions based on predefined rules, reducing costs and time while eliminating human error. By leveraging Commercial Credit Checker, lenders can assess creditworthiness in real-time and make informed decisions, reducing bad debt and improving credit risk management.
In conclusion, Commercial Credit Checker is a sophisticated solution that automates business workflow within Salesforce and provides lenders with an efficient and secure way to assess a company’s creditworthiness. It is recognized as the best software to pull credit reports inside Salesforce and is available on Salesforce AppExchange for a 30-day free trial. If you want to obtain credit or make lending decisions, Commercial Credit Checker is a solution you must pay attention to. For further details about the application or to request a live demo, contact info@cloudmaveninc.com. You can also follow the company on LinkedIn and Twitter to stay updated with the latest news and developments.