HIGH FIVE

"Keep tabs on partners' credit history"

Arun Thukral, ex-MD, CIBIL on how small and medium businesses can manage their creditworthiness

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Published 6 years ago on Jan 19, 2016 1 minute Read
Tushar Mane

Understand your business creditworthiness: A company credit report (CCR) is a good way for businesses to improve their eligibility for financing since it builds vital reputational collateral. A CCR is a month-on-month record of a company’s debt-related exposure and payments and is widely used by lenders such as banks and non-banking financial institutions to evaluate the ability of companies to bear additional debt.