October 25, 2011

Huge differences found in credit agency ratings

by Jan Harris

An SME could be given wildly different ratings according to which credit agency does the check, according to new research. With the disparity having the potential to force a business to cease trading in the worst case scenario, accountancy firm Shelley Stock Hutter is calling for the Government to launch a new “code of transparency”. […]

September 21, 2011

Three-quarters of SMEs fail to check customers’ credit ratings

by Jan Harris

Experian has uncovered a significant lack of awareness among small and medium sized businesses of the importance of checking credit scores. Of the respondents to a survey of around 700 UK small businesses, nearly three-quarters (71 per cent) failed to check their customers’ credit status and 39 per cent didn’t even know what a credit […]

July 26, 2011

Riskdisk becomes part of Experian

by Jan Harris

Riskdisk, a Nottinghamshire-based provider of commercial credit information to SMEs, has been taken over by global information services company Experian. LM Group Ltd, which trades as Riskdisk, will increase Experian’s foothold in the SME market, where demand for commercial credit information is growing. The takeover builds on an existing partnership between the two companies. Simon […]