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Is Credit Due?

Instant credit info, e-mail indicators.

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This story appears in the December 1998 issue of Entrepreneur. Subscribe »

It's always a tough call when a business that's a new client asks you to extend credit on a purchase. Say no, and you'll probably blow the sale. Or say yes, only to discover the customer is a deadbeat.

Now you can get credit data online, fast and at a comparatively low cost, at CreditFYI (http://www.creditfyi.com). The site features full reports on many small businesses, with a special emphasis on companies with sales under $5 million. How does it work? Key in basic customer information (name and address), and in about one minute, you'll get a "CreditFYI Evaluation," a thorough assessment of a company's creditworthiness.

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