Risk Solutions

Many organizations avoid acquiring small business customers with limited trade line history because until now, adequate business credit history was a prerequisite for accurately differentiating profitable from high-risk prospects. What if you could confidently tap into a market of untouched small businesses by receiving effective risk scores that don’t rely on trade line history? Imagine the advantages and long-term benefits of booking low-risk small businesses first.

Benefits  |  Features  |  Literature

LexisNexis® Small Business Risk Score leverages our vast repository of consumer and business public records content and applies advanced analytics to create a nontraditional business credit check blended risk scoring solution that does not require a business to have an established trade line credit history.

A simple 3-digit numeric score is derived from the public records footprint of the business, the business owner(s) and/or the people associated with the business. This predictive risk score gives you an easy indication of the risk and/or profitability potential of your prospects.

Competitive advantages

This significant segment of the small business market is not only untapped, it’s also a group of prospects that are typically proactively seeking trade lines to support their businesses. With this non-credit based scoring tool, your business can be one of the first to accurately assess risk for these ripe prospects. Being the first to support a small business also often results in additional product relationships and highly loyal customers.

Confident decision-making when business credit checks aren't enough

LexisNexis Small Business Risk Score merges and analyzes data about the business from filings with the state and federal government, along with compiled information about the consumer, to assess the small business entity’s creditworthiness and risk level. What if traditional business credit check information does not exist? The small Business Risk Score blends asset and derogatory data generates a creditworthiness picture of both the business and people associated with that business. The output score ranks prospects by risk and profitability likelihood so you know which businesses to pursue and which to avoid.

Automated technology

For many lenders, the process of assessing the risk of small businesses is a tedious, time-consuming, manual process. LexisNexis Small Business Risk Score automates and improves the efficiency of the credit granting process, so you book qualifying small business customers faster.

Get it now: for more information about LexisNexis® Small Business Risk Score, please call (866) 858-7246.

LexisNexis Small Business Risk Score does not constitute a "consumer report" as that term is defined in the federal Fair Credit Reporting Act, 15 USC 1681 et seq. (FCRA). Accordingly, LexisNexis Small Business Risk Score may not be used in whole or in part as a factor in determining eligibility for credit, insurance, employment or another permissible purpose under the FCRA.

Benefits  |  Features  |  Literature