October 27, 2006, Newsletter Issue #18: Due Diligence: Check the Credit Report

Tip of the Week

Why do you need access to business credit reports on other companies besides your own? For the same reason that some companies check a credit score on a potential employee: It can tell a lot about the company and its overall financial health. If you're thinking of partnering with another business, buying into a business, or lending money to a business, seeing the company credit report is going to be a critical part of the process. Related Tip: Before you partner with another business or company for sales leads or revenue sharing, download a company credit report from Manta and review the company's business statement for your protection.

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