By understanding credit risk from businesses, we can help you better understand your potential customers, automate complex decisions, improve customer experience and stay compliant, through our local reports and services.
Imagine having the data you need to reliably manage risk and discover growth opportunities, all at your fingertips. Whether Corporate or Individual, make Local Search Services with Experian through our leading business information portal, QuestNet to gain the insights to help you conduct credit assessments and preliminary checks on customers, prospects or business partners.
Local Search Services covers the following parameters:
Corporate Searches
Reduce your credit risk with more insight into prospects and customers. Compiled from multiple sources of data including the Accounting & Corporate Regulatory Authority (ACRA), Singapore Courts and more, access key business profiles, credit reports and industry statistics for insights to help make decisions. Key data include:
- Business profile information
- Financials
- Property
- Credit Score
- Credit Bureau
- KYC / AML
- Litigation trace
Information available is compiled at different level of details so you get the right amount of information for your business needs.
Individual Searches
When it comes to financial risk, the people you are dealing with can be just as important as where they have come from or who they work for. Individual Searches provides an overview of an individual’s business involvement – past or present – helping you determine credibility to make quick, informed decisions about who you do want to do business with. It provides “quick glimpse” views and comprehensive details related to business payment performance, public record history and background information so you can quickly and precisely determine the creditworthiness of a business. Key data include:
- Personal Profile Information
- Property searches
- Detailed Individual KYC checks
- Litigation trace
Credit Report Service
The right credit decision can make or break a small business. Credit Reports provide greater insight on the company’s credibility and financial strengths.
Experian’s credit report services provide comprehensive business intelligence report that evaluates and assesses a company’s financial health and payment credibility, with fast turnaround.
To help you better understand the credit history of your customers and make more informed decisions, we have developed a wide range of analytical tools to support decisioning including Default Probability (DP) Credit Rating and SME Network Score, all built into the credit report.
Litigation Information
Litigation information can be a useful resource to assist you with undertaking the necessary due diligence required when entering a new business venture, onboarding of new clients or reviewing the history of another party you have a matter with. Access at least 10 years of litigation trace against individuals or businesses with latest statuses and accompanying case numbers. Searches return timely results with data to include insolvency, bankruptcy, writs of seizures or sales can help you better understand the business and legal profile of your customer to make credit and policy decisions.
Financial Information
Full audited financial accounts and information sourced from the Accounting & Corporate Regulatory Authority (ACRA) can be a key source of information to help you better understand the financial health of parties you are looking to or are engaging with. Get financial information including profit and loss statements, balance sheets, financial profile analyses and more to help make decisions.
Property Searches
Property data can more accurately facilitate business processes like Billings and help verify credit worthiness of the companies you are looking to or are dealing with. Perform property searches to access up-to-date information to validate rightful owners of properties or get a view of the number and types of assets a company owns to help make decisions.
QuestNet
Access business and consumer information through QuestNet – our one-stop information portal. Get more insights to drive business decisions with indicators such as credit ratings, credit reports and monitoring options.
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