Business Information

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What we do

Business Information

Offering attractive credit terms may increase your competitiveness but it will also expose you to higher credit risks. To minimize the risk and turn it into a positive business advantage, offer credit only to the worthy. Assessing and monitoring credibility is not easy but necessary.

At Magnofacts, we understand the need for accurate and reliable information by providing Business Information Reports (or Credit Reports as they are popularly known). Our reports are designed to meet the needs of businesses that need quick and reliable information.

An unparalleled network and the best knowledge management systems in use allow us to collate information from a myriad of sources and compile the most comprehensive business information reports which are sure to be your trustworthy tools for mitigating trade risks.

A standard credit report contains the following data.
Complete registration data and the company’s history.
Office address, telephone and fax numbers, email, website addresses, etc.
Business activities, products/services provided, trademarks.
Import and export data, main suppliers, and clients.
Information about the shareholders and administration.
Data on subsidiaries and affiliated companies

Last year’s balance sheet and profit and loss account – wherever possible.
Negative information, legal claims, market reputation, etc.
Creditworthiness, payment records or behaviors, and credit recommendations.
Your advantages when using our report.
You have a clear picture of your business partner wherever he is situated.
You are provided with a cooperation opportunities analysis.
You possess convincing arguments for negotiating a contract on more favorable terms.