Advantage Reports Content Guide

Transcription

1 Advantage Reports Content Guide Additional Industry Trade Payment Data by Month from Ansonia Dominating the factoring, trucking and logistics industries, Ansonia is quickly becoming known as the best alternative to the big bureaus. Trade payment information from Ansonia is displayed as a monthly aggregation of active accounts. Each row displays the number of accounts reported, balance, percent current, delinquency and days beyond terms for the month. Additional Industry Trade Payment Data by Sector from Ansonia Trade payment information from Ansonia broken down by industry sector. Each row displays the number of accounts reported, balance, percent current, delinquency and days beyond terms for the month. Average Days Beyond Terms This section shows you how many days late the company has been paying their bills over a 12 month period. The lower the line of the graph, the sooner the company pays their bills. Balance Summary Provides a summary snapshot of account payment behavior for the company, including number of accounts, total balance, recent high credit, highest 100% current credit line, average balance, percent current and delinquent, balance to high credit ratio for the prior six months and a listing of individual accounts greater than 60 days past due. Bankruptcies Legal process that allows a company or organization to get relief from their debts if they become unmanageable. The information generally includes the date, legal type, legal action, and document number. Bankruptcies typically remain on a company s report for nine years. The three most common types of bankruptcy in the U.S. are explained below. Chapter 7 (Liquidation of Assets) Under Chapter 7, the company stops all operations and goes completely out of business. The debtor's non-exempt assets, if any, are sold by the trustee and the proceeds are distributed to creditors. Chapter 11 (Reorganization) Under Chapter 11, companies restructure past-due payments while they continue regular operations in order to emerge as profitable. Companies in Chapter 11 continue to provide employees with salaries and benefits and do business with suppliers and customers in a routine manner. The purpose of filing Chapter 11 protection is to reorganize and strengthen the company for the future.

2 Chapter 13 (Debt Repayment Plan) Chapter 13 allows individuals who have steady incomes to pay all or a portion of their debts under protection and supervision of the court following a payment plan approved by the Bankruptcy Court. The law requires that the payments have a value at least equal to what would have been distributed in a Chapter 7 liquidation case. An important feature of Chapter 13 is that debtors are permitted to keep all their assets while the plan is in effect and after they have successfully completed it. Chapter 13 is available only to borrowers with regular income who have less than $269,250 in unsecured debts (such as credit cards) and less than $807,750 in secured debts (such as mortgages and car loans). Anyone with greater debts usually must declare bankruptcy under Chapters 7 or 11 of the Bankruptcy Code. Business Failure Assessment Combining the Credit Logic Score and the Data Depth Score, this assessment provides the probability of default within the next 12 months. Returning one of the following indicators: Low, Average, Caution, Warning or High risk Collection Filings Collections may indicate financial stress. Collection data includes filling date, status, amount and the collection agency name with phone number. Corporate Linkage The Corporate Linkage section includes the ultimate parent, headquarters, subsidiaries and branches of the company. Corporate Registration / Secretary of State The state s information on the subject of your inquiry including; charter number, state of incorporation, date, current status, and the name and address of the registered agent. Credit Logic Score Ranging from 0 (high risk) to 100 (low risk), the Credit Logic Score is a predictive business credit indicator that helps companies make quick and reliable credit decisions. The score is calculated using the company s payment trends, public record filings, collections, and business background information from multiple sources. This allows for an exceptional overview of customers and prospects. Credit Rating and Risk Score This section delivers a credit rating and risk score from Ansonia. The credit rating displays the average monthly balance and days beyond terms for the account. The risk score ranges from 0 (high risk) to 100 (low risk), based on Ansonia trade payment data. Credit Utilization Summary The Credit Utilization by Category table provides a breakdown of recent high credit, balance and utilization percentage by industry. The Credit Lines/High Credits table shows available credit and utilization in six credit line size categories.

3 D&B PAYDEX The PAYDEX Score is Dun & Bradstreet's unique dollar-weighted numerical indicator of how a firm paid its bills over the past year, based on trade experiences reported to Dun & Bradstreet by various vendors. The D&B PAYDEX Score ranges from 1 to 100, with higher scores indicating better payment performance. D&B Payment Habits by Industry The D&B Payment Summary reflects payment information in D&B s file for the prior 12months. It provides you with details on how prompt the subject company is about paying vendors, broken up by industry. For each industry, you are shown how many trade lines were received, the total dollar amount for that industry, highest credit amount, and the percent of those lines that are being paid promptly or beyond terms. D&B Viability Rating Dun & Bradstreet s Viability Rating delivers an assessment of the probability of the company remaining in business within the next twelve months. The viability rating is composed of four parts: Viability score- By comparing the targeted company to all other businesses in the U.S, the viability score assess the probability that a company will no longer be in business within the next 12 months. Portfolio Comparison- Refines the search of the targeted company to similar businesses within the D&B model segment classification. Data Depth Indicator- Ranging from A to G (minimal data), the indicator represents the amount of predictive data available for the company. Company Profile- Given available data, the company description includes financial data available, number of trade payments, company size, and years in business. Data Depth Score Indicates the volume of predictive data that is available on a company. Ranking from on a scale from 0-9, where 9 indicates the greatest level of predictive data with ALL three national bureaus reporting. Factors that could affect this score are years in business, number of trade lines, and number of bureaus included in the report. DBT (Days Beyond Terms) DBT or Days Beyond Terms' is a dollar-weighted average number of days beyond the due date that a business pays its bills based on trade lines that have been updated in the previous 3 months. DBT is calculated at the number of days past the terms given, so a DBT of 5 means that a customer is paying, on average at 5 days after the date due. DBT Trends The 6-Month and Quarterly DBT (Days Beyond Terms) Trends graphs allow you to identify any changes in payment habits over the last six months or last five quarters and compare the company s payment history with the industry average. This will allow you to identify any seasonal trends in a company s ability to meet its payment obligations in addition to identifying improving or deteriorating payment trends. Derogatory Item Summary

4 Provides a quick check for derogatory items reported in the last 24 months, including counts for bankruptcy filings, judgments, liens, collections, charge-offs and NSF checks. EDGAR Financials The most complete and up-to-date financials on publicly traded companies. Including; Income Statement, Balance Sheet, Statement of Cash Flow, and Financial Ratios. These sections provide you with the last four years of financial information on the target company. Fraud Flags A flag that appears on the report when the following occur: The mailing address is residential, a postal delivery facility or unknown The name and address do not match the U.S.P.S. files The phone number belongs to a cell phone The phone number area code does not align with the company mailing ZIP code The phone number is not registered to the company The company has been in business for less than one year There is no corporate registration on file The company has zero trade payment experiences Days beyond terms is over 25 Data depth score is 3 or under Balance to high credit ratio is 75% or higher OFAC flag indicated Judgments Case number, filing date, cause of action, reported date, total assets and liabilities, disposition status and court information. Legal Filings and Collections The Legal Filings section provides a summary of the filings (tax liens, judgments, bankruptcies) and collections that will be shown in detail later in the report. Monthly Payment Trends The Monthly Payment Trends table provides a detailed view of the company s payment history over the last six months, including and DBT, balance, percent current, delinquency and industry benchmarks. OFAC Alert The Office of Foreign Assets Control (OFAC) of the US Department of the Treasury administers and enforces economic and trade sanctions based on US foreign policy and national security goals against targeted foreign countries, terrorists, international narcotic traffickers, and any other threats to the national security, foreign policy or the economy of the United States. OFAC provides a list of companies with offenders or threats. Vetting customers and vendors against this list is crucial for all companies. Quarterly Payment Trends

5 The Quarterly Payment Trends table provides a detailed view of the company s payment history over the last five quarters, including and DBT, balance, percent current, delinquency and industry benchmarks. Recommended Credit Limit BCR offers a credit limit recommendation based on the company s credit history, Credit Logic Score, trade balances, and high credits. Tax Liens Filed by the city, county, state, and federal government, liens show unpaid tax obligations. Tax Liens are a legal document to create a security interest in property for the payment of tax debt. Trade Payments Trade Payments offers detailed payment information provided by the subject company s suppliers, banks, leasing companies, etc. The information is industry specific and may include payment terms, recent high credit limit, current balance, and aging. Each trade line represents an individual supplier s perspective on how the company meets its financial obligations. The information will help identify payment trends in specific industries. Trade Summary The Trade Summary shows non-financial account information from the prior 24 months including credit active date, total exposure, number of charge-offs, total past due, most severe status, number of open accounts, number of closed accounts, total balance, balance due and balance at risk. UCC Filings Companies that extend secured loans to other businesses file Uniform Commercial Code (UCC) documents with the appropriate secretary of state office to protect their interest in the asset. Under a UCC filing, a business pledges assets as collateral for a loan, lease, or Line of Credit. Collateral can be items such as: accounts, accounts receivable, contracts, property, inventory, leases, notes receivable and proceeds. The information in the report generally includes the date, filing number, jurisdiction, company or financial institution making the loan and collateral activity.

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