Global information services company Experian, (Costa Mesa, Calif.) has rolled out its business-to-business credit scoring model.
Intended to provide increased predictive power, Intelliscore Plus enables clients to minimize risk and offers a highly reliable assessment of future business delinquency, according to the firm. The new scoring model also allows clients to choose either a commercial-only or a blended business and business owner credit score to gain greater visibility into a business's credit performance.
Utilizing key information entered in an inquiry, Intelliscore Plus returns a score highly predictive of business payment. The user can inquire on the business only, the business owner only, or a blend of information on both the business and the business owner.
Intelliscore Plus leverages Experian's BizSource database, which integrates business intelligence, comprehensive commercial data and more than 30 years of information management expertise. The new score employs advanced statistical techniques and combines more than 800 commercial and owner variables, including tradeline and collections information, recent credit inquiries, public filings, new account activity, and key financial ratios to provide clients with fast and accurate risk assessment. Intelliscore Plus is also able to include up to four business owners or guarantors on one report, providing a more comprehensive view on a business with multiple owners.