Credit services firm Dun & Bradstreet Corp. and Columbia, Maryland-based computer software company Credit Management Solutions Inc. (CMSI) have joined forces to create an online credit- scoring program designed to assess the creditworthiness of firms with 10 or fewer employees. The new service, called OneScore, may help you get a quicker reply to your loan application or help you find out whether potential customers are likely to pay their bills on time.
In business, credit assessments are typically made by looking at a company's financial data. However, with smaller firms, the decisions are often based solely on an analysis of the company principal, says Scott Freiman of CMSI. OneScore combines both business and personal credit data in one report, making it less time-consuming to obtain information. "OneScore gives a much more accurate picture of a small business,' says Freiman. For more information, call (800) 234-3867.