Tools to Grow Your Business Lending Portfolio as a Business Lender
As a credit lender, you’ll face many challenges in growing and maintaining a healthy portfolio. One of the biggest challenges is getting accurate and comprehensive data on businesses applying for credit. It all comes down to assessing businesses to help you understand if they are financially sound, offer low risk and high return. But how do you determine that?
This is where TransUnion’s Business Solutions come in. We give you a holistic view of not only the business owners but also the business itself, transforming the way in which you extend credit. With our solutions, you’ll be able to extend credit more confidently and drive the profitability of your portfolio.
Evaluate legitimacy of business records through the corporate profile, including directors and owners to assist you with assessing the businesses you deal with
Assess the risk of a business with our unique, business-specific risk score
Gain insights into the business’ finances, as well as payment history with suppliers
Streamline and improve your onboarding process
Further optimize your credit policies and campaigns
Benchmark your portfolio against others in the industry
Identify unique prospecting opportunities and generate new leads