TransUnion | Products
CreditVision 4 Business (CV4B)
Providing traditional credit providers with an automated risk assessment tool within the business segment.
TransUnion CreditVision 4 Business
Know whether debtors can and will meet their credit obligations, before liquidation is even on the cards
Lenders face continued economic pressures and widespread competition in the trade credit industry. The proactive and efficient management of credit risk — before the liquidation of business customers is on the cards— is therefore critical to success for lenders.
CV4B determines the likelihood of a business defaulting on a credit facility within 12 months. Based on TransUnion’s extensive commercial database, the scorecard suite uses over 200 predictive characteristics to determine this probability. CV4B helps lenders harness the power of alternative data sources and a multidimensional evaluation of risk to gain insight into how likely a business is to repay its debt.
Product Highlights
Eliminate manual reviews and improve your portfolio risk management
Keep credit risk exposure within acceptable parameters
Offer the right price and terms to customers, based on risk levels
Enhance customer segmentation and targeted campaigns
Easily identify and evaluate both risky and profitable customers.
Customer Acquisitions
The power of CV4B lies in providing a transparent view of a business’s default risk by using its going-concern status merely as an indicator rather than the final score. This default probability of a business is essential for loan appraisal and can be used to price products, set limits and terms for each customer, and protect your business.
Debtor Management and Recovery
CV4B helps you improve debtor ranking and prioritise collections efforts, helping you allocate resources efficiently and optimise operational processes.
Easy to understand output
CV4B provides a three-digit company score and a three-digit principal
score. The two scores are banded into seven easy-to-interpret overall
risk bands ranging from C1 (the lowest risk companies) to C7 (highest
risk companies).