Yes, there are several software and service providers that can help assess the creditworthiness of an eCommerce business. These tools analyze various data points to provide a comprehensive health check or credit score for your business. Here are a few examples:
Experian Business Credit Reports: Experian offers credit reports specifically designed for businesses. These reports provide a detailed analysis of your business's credit history, payment patterns, public records, and other relevant information. They also offer credit monitoring services to help you stay updated on changes that could impact your creditworthiness. (Reference: https://www.experian.com/small-business/business-credit-reports.jsp)
Dun & Bradstreet Credit Reports: Dun & Bradstreet provides credit reports that evaluate the creditworthiness of businesses. Their reports include information on your business's payment history, financial stability, public filings, industry comparisons, and more. They also offer a credit monitoring service called CreditSignal, which provides alerts on changes to your business credit file. (Reference: https://www.dnb.com/business-credit/business-credit-reports.html)
Equifax Business Credit Reports: Equifax offers business credit reports that assess the creditworthiness of your business. These reports include data on your business's credit history, payment patterns, public records, and industry comparisons. Equifax also provides a credit monitoring service called Credit Risk Monitor, which helps you track changes to your business credit file. (Reference: https://www.equifax.com/business/business-credit-reports/)
Payability: Payability is a financing company that specializes in providing funding to eCommerce businesses. While they don't provide a traditional credit score, they assess the creditworthiness of your business based on your sales and marketplace performance. Payability evaluates your sales data, customer reviews, and marketplace metrics to determine your eligibility for financing. (Reference: https://www.payability.com/)
These are just a few examples of software and services available for assessing the creditworthiness of an eCommerce business. It's important to explore different options and choose the one that best suits your specific needs and requirements.
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