A TransUnion Business Credit Report is a report on payment history related to credit agreements in the name of a business. It will indicate if a business makes regular payments to debtors. Defaults and judgments against that business will also be recorded. 

A Business Credit Report provides the following information on a business:

Statutory Detail—Basic information about the business itself. 

Subject Default—Court records and default information on the business. 

Principal/Director Details—Personal details of all principals, that is, authorised people responsible for the running of the business and the directors of the business. 

Principal Director Default—Information relating to the credit report of the principals/directors (for example, judgments, defaults and the enquiry history). 

Bank Report—Confirmation of the bank details, bank code and account conduct in a report compiled by the Bank Manager.

The Business Credit Report provides comprehensive information to credit grantors and service providers. This helps them make better and more informed risk decisions.

Statutory Detail: Identification details, including contact and address information, registration details, VAT numbers and tax numbers.

Subject Default: Adverse information, including civil court records, default information, notarial bonds and notices.

Enquiry History: Information on other companies that have enquired on the business in the past.

Bank On-File: History of bank codes provided on the business.

Trade On-File: History of trade references obtained on the business.

Principal Detail: Lists the business’s principals, including name and surname, ID number and type (director, member, etc.).

Deeds on File: History of property and bond information obtained on the business