BUSINESS CREDIT REPORT

Transcription

1 COMMERCIAL INFORMATION SOLUTIONS BUSINESS CREDIT REPORT Business information Company name BUSINESS CREDIT REPORT TEST FILE Legal name BUSINESS CREDIT REPORT TEST FILE Address MONTREAL QUEBEC CANADA H3H1H5 Phone (514) Fax Requestor ID NBREN Reference number Report date File in database since File-number Subject number HA4289 File alert: There is information from the Superintendent of Bankruptcy included on this file as of Other known tradestyles BCR TEST FILE BCR TEST FILE 1 BUSINESS TEST FILE BCR Additional information may be included in the "Other files included" section. Business contact/title Incorporation number/ Effective date JOHN DOE, President director GEORGE SMITH, Director chairman SAM SMITH, Chief financial officer Employee size Sales volume All categories Sales SIC Mfr - Travel Trailer & Campers NAICS Truck Utility Trailer&RV Rental Score summary Canada Business Credit Report User Guide Equifax Inc. 2

2 Business information Returns the business name, address and firmographics for the legal entity which most closely matches your inquiry information as well as the legal name, if available. Business name, address and firmographics of the registered site are also returned. n Requestor ID Displays the User ID of the person requesting the report. n Reference Number Identifies the report based on the number submitted by a user. n Report Date Provides the date when the inquiry was made as recorded by Equifax. n File in Database Since Provides the date the business file was first created within the Equifax database. n File Number/Subject Number This is number assigned by Equifax to the business report. n Other Known Tradestyles Displays up to 10 additional names by which the business may be known. n Business Contact/Title Provides up to 5 reported contact names for the business. n Incorporation Number/Effective Date This is the date of the original filing of incorporation documents, along with the incorporation number assigned. n Employee Size Provides the approximate number of employees for the business. n Sales Volume Displays the estimated sales for the business. n SIC This is the 4-digit number assigned to the business based on the industry classification. Displays up to 6 SIC codes. n NAICS This is the 6-digit number assigned to the business based on industry classification. Displays up to 6 NAICS codes. File alert Provides an alert displaying the most recent date on data received from the Superintendent of Bankruptcy such as a bankruptcy or lien (for details on the alert, see Information from the Superintendent of Bankruptcy section). Score summary This section shows an assessment of the risk level of the business with an overview of the scores available with definitions and the numeric value; detailed information is available by clicking on the hyperlink. n Credit Information Score (CI) The Credit Information Score measures seven information elements that could appear in every Equifax credit report. This index helps you to determine if you will get paid. The higher the score, the higher the risk. **When Equifax has information on file from the Superintendent of Bankruptcy, the current CI score is not calculated. Instead, it is flagged as a 70 to alert customers to consult the Information from the Superintendent of Bankruptcy section of the report for the detailed information. n Payment Index (PI) The Payment Index (PI) is a numeric measure of the businesses payment habits, and is calculated strictly on the distribution of the total owing amounts across the aging periods in the 90 days immediately preceding the day the report was ordered. The Payment Index ranges from 0 to 99. The closer the company scores to zero, the better it is paying the creditors reporting to file. A zero score would indicate all reporting creditors are paid within terms. A score of 99 indicates that creditors are being paid in the third period past due or longer. This index is similar to days- beyond-terms. n Commercial Delinquency Score (CDS) Predicts the likelihood of severe delinquency, charge-off, or bankruptcy on any account within 12 months; score ranges from for CDS. n Commercial Delinquency Score (CDS) Risk Class CDS Risk Class is a less detailed view of the CDS score, but retains its predictive nature, permitting you to determine potential for delinquency within 12 months; returns a risk classification of 1 5 for at-a-glance view of risk level for CDS Risk Class. n Business Failure Risk Score (BFRS) The BFRS predicts the likelihood that a business will cease to do business within the next 12 months. n Business Failure Risk Score (BFRS) Risk Class BFRS Risk Class is a less detailed view of the BFRS score, but retains its predictive nature, permitting you to determine the potential for business cessation in the next 12 months. Canada Business Credit Report User Guide Equifax Inc. 3

3 Report highlights Bank report on file Corporate search on file Number of inquiries on file 2 Number of Amount/ Most severe Amount/ Largest write Total current Total Total current accounts reporting Number of delinquencies status/date Number of accounts charged off off amount/date credit exposure outstanding balance 12 $8.42M Incl in Bankruptcy $151,788 $151,788 $8.55M $8.55M $129, Report highlights This section shows a summary of the key report components and an overall summary of the credit reference information. n Bank Report/Corporate Search on File These flags will let you know if we have conducted a bank report or corporate search and the date on which it was performed. By clicking on the link in the report, you can go directly to the information on file. n Number of Inquiries on File This is the number of times a report on this business has been requested from Equifax in the past two years. The report dates, and inquirers are detailed in the Inquiries section. n Number of Accounts Reporting Provides the details on the number of accounts or credit references are being reported on, within the business file. n Amount of Delinquencies/Number Displays the total number of delinquent accounts and the amount that is delinquent, as reported on this file. n Most Severe Status/Date Shows the most severe account status reported and the date it was reported. n Number of Charged-Off Accounts/Number Number of accounts reported with an overall status of charged-off. n Largest Write Off Amount/Date This represents the largest single amount written off and the date on which this occurred, as reported on this file. n Total Current Credit Exposure Sums total outstanding balance or available credit on open and closed accounts to indicate the maximum credit exposure associated with the accounts in this credit report. n Total Outstanding Total outstanding amount to all creditors, as reported to Equifax. n Total Current Balance Total current reported balance including any past due amount to all creditors. Canada Business Credit Report User Guide Equifax Inc. 4

4 Derogatory summary Number on file Total amount on file Date of last item Comments on file Returned cheques 1 $167, Yes Collections 3 $7, No Legal suits 3 $270, No Judgments 2 $20, No Other legal info. 3 $ No Liens 1 $ No Credit reference summary PI score Number of credit references High credit Total owing Current Period 1 Period 2 Period 3 90 Day 5 3 $89,947 $55,000 $10,000 $5,000 $10,000 $30, Month 35 5 $162,313 $127,366 $80,757 $5,198 $10,000 $31,440 All References 84 8 $9.28M $8.55M $129,880 $808,631 $2.00M $5.61M Derogatory summary Summarizes derogatory information and other items included in the credit file such as Returned Cheques, Collection Claims, Legal Suits, Judgments and information from the Office of the Superintendent of Bankruptcy. This summary will provide the number of items on file, the total value of those items, as well as the last date an item of that type was posted. n Returned Cheques Provides the number of cheques returned as reported by contributing creditors, total amount of cheques returned, date of the last item reported, and an indicator of any comments on file. n Collection Displays the number of collection claim information reported by third-party collection agencies, total amount of collection claims, date of the last item reported, and any comments on file. n Legal Suits Identifies the number of lawsuits, sometimes called statements of claim or writs, total amount of the lawsuits, date of the last item reported, and any comments on file. n Judgments This is an order from the Court that places liability on the defendant's business. Number of lawsuits, sometimes called statements of claim or writs, total amount of the lawsuits, date of the last item reported, and any comments on file. n Other Legal Information Provides the number of court matters that are important to the business but are not normally considered derogatory and do not affect the business credit score, such as notice of discontinuance and settlement out of court. Other information could include Garnishments or Seizures of assets. Credit reference summary This section summarizes the credit references that are reported on the business file. The cumulative summary is provided for the periods of 90 days, 13 months and all references. All references standard is 60 months. Also, the Payment Index (PI) score is provided based on the indicated period, the number of credit references included and the high credit as reported for any accounts listed within the noted period. The total owing, current, period 1, period 2 and period 3 are included. Canada Business Credit Report User Guide Equifax Inc. 5

5 Score detail CI 10 Long-term secured debt is NOT included in the Credit Information calculation. The Credit Information score for this business was determined based on the following*: Score Active in Equifax credit database for 34 years 0 Current Payment Index is 0 0 Number of Supplier references on file is 0 10 On the Payment Index was 0 points higher 0 than Number of derogatory items on file in the past 2 years is 0 0 The most recent derogatory item was recorded 0 months 0 ago Derogatory item amounts as a % of dollars owed suppliers 0 is 0 PI 5 Long-term secured debt is NOT included in the Payment Index calculations. The Payment Index is similar to days beyond terms. The following ranges were calculated as benchmarks: Payment index All suppliers reported being paid within terms 0 62 Average to pay is slightly beyond terms Average pay is 10 to 20 days beyond terms Average pay is 20 to 30 days beyond terms Average pay is 30 to 40 days beyond terms Only 1% of businesses fall into this range All suppliers reported being paid in the third period past due or not at all No suppliers reported in this time period % of database NA NA CDS Percentage of Period 3 Accounts Suggests Higher Risk 2 Industry Suggests Lower Risk 7 Percentage of Satisfactory Accounts Suggests Higher Risk 6 Evidence of Collection Claim(s) Canada Business Credit Report User Guide Equifax Inc. 6

6 BFRS Company Size (Number of Employees) Suggests Lower Risk 5 Evidence of Derogatory Items 45 Number of Inquires in Last 12 Months Suggests Higher Risk 21 Industry Suggests Higher Risk Score detail Displays the definition, the numeric value and reason codes for each score appended to the business folder. Currently, the following decisioning tools are available with the Business Credit Report. n Credit Information Score (CI) The Credit Information Score measures seven information elements that could appear in every Equifax credit report. This index helps you to determine if you will get paid. The higher the score, the higher the risk. **When Equifax has information on file from the Superintendent of Bankruptcy, the current CI score is not calculated. Instead, it is flagged as a 70 to alert customers to consult the Information from the Superintendent of Bankruptcy section of the report for the detailed information. n Credit Information (CI) Trend Graph This graph plots the Credit Information Score for 9 quarters plus shows the current score. It is calculated as of the day you ordered the report. The graph allows you to see at a glance if the risk is decreasing, steady or increasing. n Payment Index (PI) The Payment Index (PI) is a numeric measure of the businesses payment habits, and is calculated strictly on the distribution of the total owing amounts across the aging periods in the 90 days immediately preceding the day the report was ordered. The Payment Index ranges from 0 to 99. The closer the company scores to zero, the better it is paying the creditors reporting to file. A zero score would indicate all reporting creditors are paid within terms. A score of 99 indicates that creditors are being paid in the third period past due or longer. This index is similar to days- beyond-terms. n Payment Index Trend Graph This graph plots the Payment Index for 9 quarters plus shows the current score. The graph allows you to see at a glance if the business pays bills slowly, steady or is improving. n Commercial Delinquency Score (CDS) Predicts the likelihood of severe delinquency, charge-off, or bankruptcy on any account within 12 months; score ranges from for CDS. n Commercial Delinquency Score (CDS) Risk Class CDS Risk Class is a less detailed view of the CDS score, but retains its predictive nature, permitting you to determine potential for delinquency within 12 months; returns a risk classification of 1 5 for at-a-glance view of risk level for CDS Risk Class. n CDS Trend Graph This graph plots the CDS for up to 9 quarters, plus the current score value. Each quarter s value is based on the score as calculated at the end of the quarter noted. NOTE: This trend graph is only available upon subscription to the CDS. n Business Failure Risk Score (BFRS) The BFRS predicts the likelihood that a business will cease to do business within the next 12 months. n Business Failure Risk Score (BFRS) Risk Class BFRS Risk Class is a less detailed view of the BFRS score, but retains its predictive nature, permitting you to determine the potential for business cessation in the next 12 months. n BFRS Trend Graph This graph plots the BFRS for up to 9 quarters, plus the current score value. Each quarter s value is based on the score as calculated at the end of the quarter noted. This trend graph is only available upon subscription to the BFRS. Canada Business Credit Report User Guide Equifax Inc. 7

7 Credit reference detail Tabular View In some situations, payments beyond terms can be a result of misplaced invoices or disputed accounts. Equifax reports trade items as they are received and as such they represent an historical experience. An outstanding amount on this report is not necessarily still outstanding today. # indicates long term secured debt, which is NOT included in the Payment Index and Credit Information Score calculation. Date SIC Manufacturer - Womens Wear Supplier Phone (514) Total past due $600, Terms Net 30 Days Pay habits Slow 6 Balance amount Original credit limit/date High credit/ date Total balance Current balance Period 1 Period 2 Period 3 $0 $710,743 $600,000 $0 $0 $0 $600,000 Date SIC Printng&Publishing:Greet Cards Pay habits Rate 9 Total past due $8,459 Balance amount Original credit limit/date High credit/ date Total balance Current balance Period 1 Period 2 Period 3 $0 $8,459 $8,459 $0 $258 $0 $8,201 Date SIC Business Services Total past due $1,263 Balance amount Original credit limit/date High credit/ date Total balance Current balance Period 1 Period 2 Period 3 $0 $1,804 $1,346 $83 $113 $178 $972 Date SIC Manufacturer - Womens Wear Status Dormant Account Total past due $0 Balance amount Original credit limit/date High credit/ date Total balance Current balance Period 1 Period 2 Period 3 $0 $0 $0 $0 $0 $0 $0 Date SIC Transportation Services Total past due $46 Balance amount Original credit limit/date High credit/ date Total balance Current balance Period 1 Period 2 Period 3 $0 $47 $47 $1 $0 $0 $46 Date SIC Manufacturer -Men & Boys Wear Total past due $0 Balance amount Original credit limit/date High credit/ date Total balance Current balance Period 1 Period 2 Period 3 $0 $0 $0 $0 $0 $0 $0 Date SIC Wholesale-Elec Appls, TV&Radio Total past due $119 Balance amount Original credit limit/date High credit/ date Total balance Current balance Period 1 Period 2 Period 3 $0 $119 $119 $0 $0 $0 $119 Canada Business Credit Report User Guide Equifax Inc. 8

8 Credit references detail Expanded view This section provides specific information about the business creditors. This information is updated frequently and is reported as it appears on the creditors accounts receivable statements. In some instances, there may be disputes or credits on the account of which Equifax is not aware. Those contributing creditors providing their trade information can select to have their industry and company name, or just the industry in which they do business to appear in the creditor information. Some abbreviations you might see are MFR- Manufacturer, WHL-Wholesaler, CONTR-Contractor or SVCS- Services. n Date This is the date the trade reference was reported to Equifax. n Terms Provides the payment terms as agreed upon with the creditor. n Pay Habits Displays the payment description on a specific account. n Status Current status of the account in review. n Account Opened Date the account was opened by the business with the creditor. n Date Closed Date an account was closed with the creditor. n Total Past Due The total delinquent dollars (not written- off) on open and closed accounts. n Write Off Amount/Date Amount of an account written-off and the date on which this occurred. n Original Credit Limit/Date Displays the original credit limit provided by the creditor when the account was opened, and the date the credit limit was set. n High Credit/Date The highest credit amount granted and the date it was reported. n Total Balance Total reported balance, including owed but not yet due, and all past due amounts. n Current Balance Total current balance including any past due amount. n Period 1, 2, 3 The dollar amount that is past due for the creditor s 1st, 2nd, and 3rd periods. Period terms vary by creditor, for example, a period could represent 7, 15 or 30 day terms. Canada Business Credit Report User Guide Equifax Inc. 9

9 Credit reference detail Expanded View In some situations, payments beyond terms can be a result of misplaced invoices or disputed accounts. Equifax reports trade items as they are received and as such they represent an historical experience. An outstanding amount on this report is not necessarily still outstanding today. # indicates long term secured debt, which is NOT included in the Payment Index and Credit Information Score calculation. Date /SIC Original credit limit/date High credit/ date Total balance Current balance Period 1 Period 2 Period $0 $710,743 $600,000 $0 $0 $0 $600, Manufacturer - Womens Wear $0 $8,459 $8,459 $0 $258 $0 $8, Printng&Publishing:Greet Cards $0 $1,804 $1,346 $83 $113 $178 $ Business Services $0 $589,947 $10,000 $5,000 $1,000 $1,000 $3, Manufacturer - Womens Wear $0 $284 $284 $79 $63 $142 $ Government # $0 $41,790 $0 $0 $0 $0 $ Lending Institution $0 $7.85M $7.85M $50,000 $804,324 $2.00M $5.00M Whls - Women and Children Wear $0 $7,553 $7,553 $3,961 $2,933 $454 $ Utility Systems $0 $119 $119 $0 $0 $0 $ Wholesale-Elec Appls, TV&Radio Quart Quarterly payment trend Canada Business Credit Report User Guide Equifax Inc. 10

10 Credit references detail Tabular view This section provides a collapsed view of the Credit reference detail Expanded view. It is available to provide ease of reference. The toggle button will return you to the expanded view, and if desired you can return to the full view or expand a single trade for more detail. In the tabular view, what remains visible are: Date and by whom; Original Credit limit/date; High credit/date; Total balance; Current balance; Period 1; Period 2; Period 3. Canada Business Credit Report User Guide Equifax Inc. 11

11 Quarterly payment trend Trend amount Credit Payment information Number of Current Year/ quarter index score references Total amount amount Period 1 Period 2 Period / $285 $80 $63 $142 $0 2011/ $143 $143 $0 $0 $0 2010/ $1,719 $0 $0 $1,719 $0 2010/ $1,719 $0 $0 $1,719 $0 2010/ $1,719 $0 $0 $1,719 $0 2010/ $1,719 $0 $0 $1,719 $0 2009/ $1,719 $0 $0 $1,719 $0 2009/ $1,719 $1,719 $0 $0 $0 2009/ $9,272 $5,680 $2,933 $454 $205 Collection detail Collection agency CREDIT BUREAUS NWO Debtor BUSINESS CREDIT REPORT COLLECTIONS Claim amount $2,938 Status update The data presented here represents collection information as reported by the collection agency noted. In some situations, accounts are Amount paid $0 Date paid sometimes placed for collection even though the account is disputed. Account balance $2,938 Closed Creditor Status ABC COMPANY Placed for Collectn Collection agency CREDIT BUREAUS NWO Debtor BUSINESS CREDIT REPORT COLLECTIONS Claim placed Claim amount $2,938 Status update Amount Creditor paid MUNICIPALITY OF MAIN $0 Collection Date paid agency CREDIT BUREAUS NWO Account Debtor balance BUSINESS CREDIT REPORT $2,938 Closed COLLECTIONS Claim placed Status Claim amount Placed for Collectn $4,502 Status update Amount paid $0 Date paid Account balance $4,502 Closed Creditor Status MUNICIPALITY Placed OF for MAIN Collectn Collection agency CREDIT BUREAUS NWO Debtor BUSINESS CREDIT REPORT COLLECTIONS Claim placed Claim amount $4,502 Status update Amount Creditor paid YOUR CABLE (W) $0 Date Collection paid agency COMMERCIAL CREDIT Account Debtor balance BUSINESS CREDIT REPORT $4,502 Closed ADJUSTERS Claim placed Status Claim amount Placed for Collectn $170 Status update Amount paid $0 Date paid Account balance $170 Closed Creditor Status YOUR CABLE Placed (W) for Collectn Collection agency COMMERCIAL CREDIT Debtor BUSINESS CREDIT REPORT ADJUSTERS Claim placed Claim amount $ Amount paid $0 Legal details Account balance $170 Status Placed for Collectn Status update Date paid Closed Legal details Other legal information Legal Action Dismissed Court General Division Other legal information Defendant BUSINESS CREDIT REPORT Toronto Legal Action Dismissed Court General Division Claim date/number Plaintiff INCORP INC. ONTARIO Defendant BUSINESS CREDIT REPORT Toronto Amount $0 Security COLLATERAL Claim date/number Plaintiff INCORP INC. ONTARIO SU Reason Amount $0 Security COLLATERAL SU Reason Claim date/number SU Legal Action Dismissed Defendant BUSINESS CREDIT REPORT Plaintiff LES IMPORTATION LIMITEE Amount $0 Reason Court Security General Division Toronto ONTARIO COLLATERAL Claim date/number SU Legal Action Dismissed Defendant BUSINESS CREDIT REPORT Plaintiff FILATURES B & G SPINNING MILL INC. Amount $0 Reason Court Security General Division Toronto ONTARIO COLLATERAL Corporate search and additional business information Canada Business Credit Report User Guide Equifax Inc. 12 Verified Registration number/type Jurisdiction location/type Effective date

12 Quarterly payment trend This table details the numbers provided in the Score detail section, with respect to the CI and PI. The information displayed in each row of this table represents a calendar quarter (i.e. 3 months), and lets you see any fluctuation in payments over a period of 9 quarters. n Payment Index (PI) A dollar-weighted indicator of a business s current payment performance based on the total number of payment experiences in the Equifax Commercial database in the 90-day period that the index represents. n Credit Information Score (CI) An index built to provide a credit risk score using 7 factors in the credit report such as years on file, current payment index, number of trade payment references, etc., calculated every quarter. n Number of References Provides the number of trade references reported on the business by contributing creditors to Equifax within the given quarter. n Risk Trend Numbers Total Account, Current, Period 1, Period 2, Period 3 Represents the total amount outstanding to the creditors reporting in a particular quarter. It is a consolidated aging of the accounts. Collection detail Provides detailed collection information reported by third- party collection agencies. You will find the date the claim was reported to Equifax, as well as the date the claim was placed with the thirdparty collection agency, and where applicable, the date the claim was paid and/or closed. When an account is listed as closed, the usual reasons are that it is paid, settled or abandoned. n Creditor/Debtor Outlines the creditor who placed the business s account for collection and the debtor name against which the claim was initiated.as well as the status of the claim, which is updated regularly. n Claim Amount The amount of the claim reported by the collection agency. n Amount Paid Payment made by the business or returned goods in an attempt to settle the debt. n Account balance Represents the balance on the account remaining to be paid. Legal details This section contains details on legal suits, judgments and other legal information. n Legal Suits Indicates the commencement of a legal action by a plaintiff against the debtor s business. n Judgments This is an order from the Court that places liability on the defendant's business. The plaintiff has proven his case in Court. A default judgment is similar but indicates that the defendant did not file a defense to the action against him within the Court's prescribed time. n Other Legal Information Displays the legal items important to the business, which are not normally considered derogatory and do not affect the business credit indices (CI/ PI) with Equifax. Information could be legal suits, garnishments, seizures of assets or judgments already on file. n Claim Date/Number Date the legal item was filed with the Court or in the case of a judgment, it is the date that the Court rendered its verdict. The claim number is what the Court uses to identify the legal document. n Date when the legal information was reported to Equifax. n Defendant This is the name of the business, as it appears in the Court documents. It is possible that a Court case can be dismissed if the proper legal name of the defendant does not appear on the documents. n Plaintiff This is the name of the person, enterprise or legal entity who has commenced proceedings. n Amount In a legal suit (statement of claim, writ), this is the amount the plaintiff seeks. In a judgment or default judgment, the amount shown is what the Court has ordered the defendant to pay the plaintiff. n Reason Posting of a general reason for the plaintiff s action against the defendant in the Court documents such as money owed, goods sold and delivered or contract. n Court Displays the type of Court where the action is being considered. Provincial dollar limits and other factors determine where an action is filed Canada Business Credit Report User Guide Equifax Inc. 13

13 Corporate search and additional business information Verified Registration number/type Jurisdiction location/type Effective date Incorporation Quebec Provincial Charter BUSINESS CREDIT REPORT TEST FILE THIS COMMENT IS FOR INCORPORATION AND REGISTRATION FOR TESTING CHANGE IN F2CI Verified Business contact Title Shares owned JOHN DOE Director Verified Business contact Title Shares owned GEORGE President director SMITH Verified Business contact Title Shares owned JEFF SMITH Director chairman Verified Business contact Title Shares owned JOHN SMITH Chief financial officer Ownership/source Property covered/address Property value/ evaluation date Leased 0 Verified Ownership/source Property covered/address Property value/ evaluation date Owned State Evaluation Land Only 123, MAIN STREET,MM NAGAR, CHENGALPET, CHENNAI BUSINESS CREDIT REPORT TEST FILE SUPPLEMENTAL PROPERTY -(F2BP) - CBPP000 COMMENT FOR TESTING F2CI Verified Ownership/source Property covered/address Property value/ evaluation date Rented Buildings and Land 0 II MAIN ROAD, MAHINDRA WORLD CITY BUSINESS CREDIT REPORT TEST FILE SUPPLEMENTAL PROPERTY -(F2BP) - CBPP000 COMMENT FOR TESTING F2CI Date Employee size Date Sales volume (R) All categories (R) Sales $20,000 Corporate search and additional business information This section contains information obtained from the provincial ministry, by corporate search, principal interview or other sources of data. Each segment will indicate reported or verified. If verified, the data is obtained from a verifiable source. If reported, this is information provided by principal interview. n Registration number/type Date the business filed its incorporation documents with either the Federal or Provincial government, government, along with the registration number assigned. n Jurisdiction location/type Indicates a province or federal registration. n Effective date Date in which the registration information took effect. n Business contact, title and shares owned Provides the main contact information for the company and the title of the individuals names on the file and when available the shares owned. n Ownership/source, Property covered/address, Property value/evaluation date Shows the ownership of the property described, as well as the property value and the date it was evaluated. n Employee size and Sales volume Represents the number employees and sales volumes for the business. Canada Business Credit Report User Guide Equifax Inc. 14

14 Banking report detail Name BANK DE ST-DAVID Last change date Branch:815 Transit:20267 Address 10 BOULEVARD DE LA Reference phone (418) RIVE-SUD MAIN, QUEBEC, G6A1A7 CANADA Phone (514) Reference fax (514) Fax (418) Signing officer/special comment No Bank Account No Line of Credit No Loan Name OTHER BANK OF CANADA Last change date Branch:006 Transit:12211 Address 49-B ROUTE KENNEDY Reference phone (418) LEVIS, QUEBEC, G6V6C3 CANADA Phone (514) Reference fax (514) Fax (418) Signing officer/special comment Open date Number of accounts Account type Current account Balance Number of returned cheques Frequency Reason Low 5 figures None In the last 30 days Open date Not available Number of credit lines Credit line type Line of credit Secured by Rating Authorized amount Utilization Not available Payments up to date Low 5 figures Not utilized Open date Not available Number of loans Loan type Rating Terms Secure by Authorized Balance owing amount Term loan Payments up to date Not available, Not available Not available Low 5 figures ** ** Bank Information Updates are available at a reasonable cost Tel Banking report detail For a fee, Equifax contacts a business bank to obtain information. A short time after we collect this information we add it to our database to share with all report users. Within this section, we will provide details from the bank that was contacted, the number of accounts, lines of credit and loans, as well as a summary indication of the balances for each. n The date on which the bank report was completed. n Open Date The date the account, credit line, or loan was opened with the creditor. n Number of Accounts, Credit Lines, Loans Specifies the number of each account type associated with the business, as reported by the bank. n Account Type, Loan Type and Credit Line Type Provides details on the type account, for example, savings account, checking account, operating line of credit etc. n Balance This is the balance in the current account of the business as of the date the bank was interviewed. Some banks report a specific figure, while other report ranges. Equifax will present this data as it is reported. Canada Business Credit Report User Guide Equifax Inc. 15

15 Liens detail Lien number Caution filing None Principal amount Lien period Collateral class/ description Date registered Amendment date Maturity date Renewal period Debtor name Address REPORTED DEBTOR NAME REPORTED DEBTOR ST ADDR MONTREAL QUEBEC H3H2J1 Year/make/body type CANADA Secured party Address Party assignor SECURED PARTY NAME Other registered debtor VIN Year/make/body type Address Other files included Other files included Other registered debtor Address Equifax has received information that the following names and addresses are related to this business. These could be: Different spelling of the Equifax business has name, received former information addresses that or names, the following branch names location and whose addresses invoices are are related paid to from this on business. central locations, These could PO be: Box Different addresses, spelling etc. of the business Regardless name, of which former addresses you've or chosen names, to branch pull this location report whose for, the invoices information are paid is identical. from on central locations, PO Box addresses, etc. Company Regardless number of which address Subject you've number chosen Company to pull this name report for, the information is identical. Address Company number Subject DFS803 number Company BCR TEST name FILE Address AFW443 DFS803 BCR BCR TEST TEST FILE FILE UB4267 AFW443 BUSINESS BCR TEST FILE TEST 1 FILE BCR UB4267 A40251 BUSINESS BCR TEST FILE TEST FILE BCR A40251 BCR TEST FILE Inquiries An inquiry is registered when a report on this business is ordered by an Equifax Customer. Few or no inquiries may indicate that a business is not an active credit seeker. Numerous inquiries indicate that the business is an active credit seeker. However, you may want to consider the following in your review: Does the number of inquiries seem appropriate for a business that size? Is this business shopping around for better supplier arrangements? Are they having problems paying their current suppliers and looking for credit from others unaware of their problems? Are they expanding, moving locations or opening another office? Are their current suppliers not meeting their current needs? The most recent inquiries in the past 24 months are listed here: Inquiry date Requestor SIC Company name Phone Deposit Institutions MAIN BANK Deposit Institutions MAIN BANK Deposit Institutions MAIN BANK Deposit Institutions MAIN BANK Deposit Institutions MAIN BANK Retail-Bldg/Hrdwr/Gdn Mterial MATERIAL LUMBER Deposit Institutions MAIN BANK Retail-Bldg/Hrdwr/Gdn Mterial MATERIAL LUMBER Retail-Bldg/Hrdwr/Gdn Mterial MATERIAL LUMBER Deposit Institutions MAIN BANK Deposit Institutions MAIN BANK Retail-Bldg/Hrdwr/Gdn Mterial MATERIAL LUMBER Retail-Bldg/Hrdwr/Gdn Mterial MATERIAL LUMBER Retail-Bldg/Hrdwr/Gdn Mterial MATERIAL LUMBER Customer service If you have any questions about this report, please call Equifax Business Service at or If you are concerned about the content of this report, please contact the Equifax Commercial Disclosure department by at commercial.disclosure@equifax.com. Canada Business Credit Report User Guide Equifax Inc. 16

16 Liens detail This section contains details of any liens filed against the business. A registered lien is a loan where the debtor has given property as collateral and the loan is registered with the provincial government under PPSA. This is not derogatory information. n Lien number is the number under which the lien is registered n Caution filing Collateral brought in from another jurisdiction which may already be subject to a security interest or to an unpaid seller s right to revindicate or resume possession of the goods n Principal amount this is the principal amount of the loan n Lien period The number of years the PPSA must exist for n Collateral class/description a description of the collateral related to the PPSA n Date registered/amendment/maturity/renewal period Dates for when the Lien was registered, any corrections due to omissions or errors made, when the debt will be fully paid, and renewal n Debtor Name/address the person to whom the loan is given n Secured Party/address/assignor the lender, financer, or lessor n VIN Vehicle Identification Number provides details such as year, make, body type etc. n Other registered debtor listed here if any Other files included Returns any additional information that may relate to the business such as former or changes of address, phone number, etc. Inquiries Provides a list of recent inquiries requested on the business within the last 24 months. Canada Business Credit Report User Guide Equifax Inc. 17