Discover ICON : Your New Business Information Platform
Benefit from our expertise and access our global and unique information network and risk analytics
MAKE SMART CREDIT DECISIONS
A SUITE OF PRODUCTS TO BUILD AND MONITOR YOUR BUSINESS
If you need comprehensive information about a company to conduct your own in-depth risk analysis, the Full Report provides you with its complete financial data, a Credit Score, a Recommended Maximum Credit, and our evaluation of the company on an 11-step scale (from “Insolvency Proceedings” to “Excellent Risk”), the Coface Adjustment.
Full Reports are available in 195 countries, either immediately or within an optimized response time frame (up to 9 days depending on which countries are selected).
As an optional addition to our Full Report, our Risk Monitoring warns you as soon as there are any changes across more than 20 indicators (including company details, financial data, ownership, payment behavior, etc.), and also of any changes to the Credit Score, the Coface Adjustment, and/or the Recommended Maximum Credit.
For basic information on your business partners, Coface offers short, instantly available reports on companies in more than 60 countries.
The Snapshot Report includes a Quick Rate (“Low”, “Medium”, or “High”), the Coface Adjustment, and a Recommended Maximum Credit.
This monitoring focuses on any event relating to the deterioration of the company’s situation, such as insolvency, late payments, Quick Rate, and Coface Adjustment downgrades.
Coface determines a company’s capacity to honour its short-term financial commitments with its Debtor Risk Assessment. The DRA derives from our extensive network of information sources and our unique payment experience database.
At Coface, we use our DRA on a daily basis to monitor our own insurance portfolio.
DRA scores rank from 0 (bankruptcy) to 10 (excellent risk). A company’s DRA includes historical assessments, and the company’s current probability of default. Monitoring can also be included.
Take advantage of our creditworthiness assessment based on several business indicators, including financial strength, profitability, environmental factors, the management board, payment incidents, and our debt collection experience.
Obtain Coface’s recommended amount outstanding limit, with a maximum recommendation of €100,000.
Our Credit Opinions provide an effective way to benchmark your internal credit limit for a given company, and come with the company’s DRA and the relevant Country Risk Assessment.
Our offer will soon be completed with recommendations for higher amounts.
BENEFIT FROM OUR GLOBAL INFORMATION NETWORK
- Governmental and public databases
- Coface credit insurance payment experience
- Selected credit bureaus and information partners
- Open Data
GET SUPPORT FROM OUR EXPERTS
- Macro-economic insights from Coface economists
- Micro-economic assessments by Coface underwriters and financial analysts
- Credit score know-how from Coface data scientists