SME Toolkit Logo
Partner Logo
Home  > Credit Terms at a Glance
 Share  Print Version  Email

Credit Terms at a Glance

Adapted from content excerpted from the American Express® OPEN Small Business Network

Maximizing the value of credit reports requires a good understanding of the information they contain. Whether you're checking the credit of others or ensuring that your own report accurately reflects your business, use this guide to boost your knowledge.

Company Profile Business details such as company name, address, age, business structure, officers, and industry.
Credit File An ongoing, evolving record of a company's credit history based on information supplied by its creditors to a credit reporting agency.
Credit Rating Evaluation of the risk of late payment from a business, based on a number of factors including past payment performance and legal filings.
Credit Reporting Agency An independent company that collects information about the credit transactions of businesses and consumers, and supplies that information to lenders and other credit grantors to assess risk. Also known as a credit bureau.
Credit Score A computer-generated number that determines your credit worthiness. May be based on income, credit history, payment history, outstanding debts, and other factors.
Dun & Bradstreet The leading provider of business information for credit, marketing, purchasing, and receivables management decisions. Also known as D&B.
D-U-N-S Number A number used to identify a business in Dun & Bradstreet's database. D-U-N-S stands for Data Universal Numbering System.
FICO Score A number that companies granting credit use to assess an applicant's risk. The higher the FICO score, the lower the risk. FICO is short for Fair, Isaac and Company, which develops the mathematical formulas used to produce these scores.
Legal Filings Overview of legal filings, bankruptcies, judgments, liens, and lawsuits.
Payment Performance Historical look at a company's payment patterns to existing creditors.
Revenues Annual sales figures.
Secured Credit A line of credit that is backed with collateral such as cash reserves, inventory, or other assets.
Unsecured Credit A line of credit not backed by specific collateral.


Copyright © 1995-2016, American Express Company. All Rights Reserved.

 Share  Print Version  Email
Comments & Ratings (2) Overall  
  • Currently 3.5/5 Stars.
If you are a human, do not fill in this field.
Click stars to rate.
   Comments are truncated at 1000 characters
What Others Are Saying
Sort by
  • Currently 2.0/5 Stars.
Maleek Johnson  |  July 25, 2015
I am Mr. Maleek Johnson, a private money lender. I give out loans with an interest rate of 3% per annual and within the amount of 1,000.00 to 10,000,000.00 as the loan offer. 100% Project Funding with secured and unsecured loans are available. We are guaranteed in giving out financial services to our numerous clients all over the world. With our flexible lending packages, loans can be processed and funds transferred to the borrower within the shortest time possible. We operate under clear and understandable terms and we offer loans of all kinds to interested clients, firms, companies, and all kinds of business organizations, private individuals and real estate investors. Just complete the form below and get back to us as we expect your swift and immediate response. EMAIL: