Company Background/Key Facts

Basic information about a company: address, phone number, etc. Also includes any of the following (based upon availability): sales, number of employees, names and titles of key personnel, years in business, date of incorporation, filing data provided by, primary business activity, and other demographic data.

Previously Known As

Because of a name change or merger, the primary name of the company has been changed to the current name shown. The previous name is also displayed.

File Established

Shows the number of years Experian has been collecting data on this company. This is not to be confused with Business Establish date, which is when the company first started doing business.

Experian BIN

The unique identification number for each company location in the Experian database.

Standard & Poor’s

Corporate financial tracking information, if available.

Executive Summary

Summary of the report, providing key details in a concise, easy to read format.

Balance

The amount of money owed. The exact definition may vary based on the type of information presented.

Median

The middle value in a distribution, above and below which lie an equal number of values.

Credit Summary

Summary of the key factors relating to the creditworthiness of a company.

Credit Ranking Score

Measures and predicts payment behavior using statistical models.

Businesses Scoring Worse

The percentage of businesses scoring worse than the selected organization.

Bankruptcies

The process that allows a company or organization to get relief from its debts if they become unmanageable. The information generally includes the date, legal type, and document number.

Bankruptcy Types:

Anyone with greater debts usually must declare bankruptcy under Chapters 7 or 11 of the Bankruptcy Code.

Payment Summary

Graphical elements showing the company's payment history over time.

DBT

Days Beyond Term, or the average number of days a firm pays its bills past the invoice due date. The color of the predicted DBT is based upon observed norms of all U.S. businesses:

Green - All entries 15 days or less

Yellow - All entries between 16 and 50 days

Orange - All entries between 51 and 90 days

Red - All entries beyond 90 days

Note: The DBT norm for all industries is 7 days.

80% of U.S. businesses have a DBT of 0-15 days.

11% of U.S. businesses have a DBT of 16-50 days.

5% of U.S. businesses have a DBT of 51-90 days.

4% of U.S. businesses have a DBT of over 90 days.

Predicted DBT

A forecast of the DBT for 60 days into the future. It is based on the trend in DBT, the type of industry of the business, derogatory public record information, collection accounts, number of inquiries, years in business/on file, and other factors.

Payment Trend Indicator

A method of predicting how quickly future payments will be made based upon historical payment information.

Trade Payment Information

Detailed information showing the company’s payment history to suppliers.

Trade Payment Experiences

Trade Payment Experiences reflect "new" and "continuously" reported tradelines. Only those accounts that are Continuously Reported or Newly Reported are included here.

To be considered "Continuously Reported" a tradeline must be in the Experian file for at least six months and updated at least once in the past three months. A "Newly Reported" tradeline has been added to the file within the past three months, with each tradeline representing a unique credit experience.

Additional Payment Experiences

Includes payment experiences on nontrade accounts, such as leases and bank loans. This section also lists any tradeline that has not been updated within the previous three months.

Business Inquiries

Number of companies making inquiries on the subject company in the last 9 months.

Collection Filings

Number of open or closed collection tradelines (from collection agencies).

Open collection tradelines are tradelines for which collection agencies are still collecting.

Closed collection tradelines are tradelines that collection agencies have either collected on or abandoned.

Collections Filings Detail

If the company has Collections listed, then it will show the details associated with collections that have been reported. These are collections where others are attempting to collect FROM the company, not collections where the company is attempting to collect from other parties. The information generally includes the date, amount, and a status based upon the last report of the collection activity.

Collections Summary

Banking, Insurance, and Leasing

This includes any available information about commercial financial relationships the company may have with a bank, insurance company, or lessor.

Generally, this information may include the name of the company's primary bank, insurance companies which have issued policies to it, and the details of leases which have been reported.

Judgment Filings

Tax Lien Filings

UCC Filings

Companies that extend secured loans to other businesses file Uniform Commercial Code (UCC) documents with the appropriate secretary of state office to protect their interest in the asset. UCC derives from a United States statute covering the rights and obligations of the various parties involved in the purchase and sale of goods. UCC filings commonly include the date, filing number, jurisdiction, secured party, and collateral activity.

Cautionary UCC Filings

A Uniform Commercial Code (UCC) filing where one of the following types of collateral have been pledged:

• accounts
• accounts receivable
• contracts
• hereafter acquired property
• inventory
• leases
• notes receivable
• proceeds