Limit small business credit risk with automated alerts
Confidently monitor small business financial health with robust credit and alternative data.
Small businesses by their nature can experience ups and downs to their financial health. And external forces like the economy and regulations can have a significant effect on their stability. How can you know when one of your small business customers is at risk of default?
LexisNexis® Small Business Monitoring with SBFE Data™ helps you to actively manage your small business accounts by providing oversight of both negative and positive changes. It leverages alternative data combined with traditional credit data to give you a much clearer picture of a small business’s financial health at any point in time. Early notification enables you to protect your organization by limiting unused credit or setting up a payment program.
You set thresholds, event targets and timeframes for alerts. Then Small Business Monitoring works behind the scenes, conducting oversight to provide you with unprecedented account visibility throughout the customer lifecycle.
Keep tabs on your small business customers
Customize alerts to signal when problems arise
Be proactive in limiting risk exposure
Minimize losses in your small business portfolio
Alternative data helps you see potential issues before they become unsolvable problems.
Monitor public records
Know if your customer is connected in any way to a bankruptcy, judgment or lien.
Get notified of changes
Seize upsell opportunities when the news is positive and be proactive when the news is negative.
Small Business Monitoring blends alternative data with traditional credit data to keep you informed on the financial health of your customers.
Identify performance shifts in your small business accounts
Regularly check your small business customers’ credit profile
See new account openings, delinquencies, charge-offs and credit score changes.
Monitor for material public record events
Uncover bankruptcies, judgments and liens.
Target specific account events
Set thresholds for triggering notifications, eliminating unnecessary alerts.
Receive notification of changes, whether good or bad
Small companies are closely tied to their authorized representatives. A financial problem for one often impacts the financial health of the other. LexisNexis® Small Business Monitoring with SBFE Data™ provides monitoring of both the business and its representatives to keep you informed of issues that could lead to financial instability.
30M small businesses, 100M accounts and 20+ years of historical data since 2001
10,000+ sources of public records, proprietary information and alternative data files
B2B tradeline data:
Records of transactions between the business and its vendors
Any bankruptcies, judgments and liens for the business and its representatives
Quickly identify shifts in credit performance
Learn more about how Small Business Monitoring automated alerts can enable a more proactive portfolio management strategy.
The LexisNexis Small Business Products with SBFE Data services are not provided by “consumer reporting agencies,” as that term is defined in the Fair Credit Reporting Act, 15 U.S.C. § 1681, et seq. (“FCRA”) and do not constitute “consumer reports,” as that term is defined in the FCRA. Accordingly, LexisNexis Small Business Products with SBFE Data services may not be used in whole or in part as a factor in determining eligibility for credit, insurance, employment or another purpose in connection with which a consumer report may be used under the FCRA. Due to the nature and origin of public record information, the public records and commercially available data sources used in reports may contain errors. LexisNexis and the Knowledge Burst logo are registered trademarks or RELX Inc. SBFE is a registered trademark of Small Business Financial Exchange Inc.