Good credit risk management hinges on high quality data; tens of thousands of businesses find themselves in financial distress each year because a customer hasn’t paid or a supplier hasn’t delivered what they’ve promised. Evaluating this risk and putting mitigating actions into place can be greatly improved by using Red Flag Alert.
data changes every month – the UK’s freshest B2B database
Unsecured creditor & debtors bad debts added to trading businesses monthly
Unadvertised petition added per month
The rating system works well for us; it allows us to target the right businesses. From a marketing perspective, it has helped us segment our market effectively and manage the huge amount of data in our system. Furthermore, working with Red Flag Alert has been easy, the team are very helpful, and the system works without problems.Barry Bridges, Senior Director at Santander
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With 18 pubs closing every week, what does the future hold for the 50,000 that remain? The environment seems bleak: increased tax on alcohol, a decreasing drinking culture among millennials and economic uncertainty are three headline reasons for pessimism, but is there reason to be hopeful?
In recent years, SMEs have found it increasingly easy to obtain unsecured loans. Many business owners are not able, or willing, to provide collateral for a secured loan so they’re turning to the growing market of unsecured debt.