Introduction to the use of business credit report

The business credit report is a document that records all kinds of economic activities and reflects the credit status of the enterprise, and is the basic product of the enterprise credit information system. The enterprise credit report objectively records the enterprise’s basic information, credit information and other information reflecting its credit status, and comprehensively, accurately and timely reflects its credit status, which is the “economic identity card” of the information subject.
The enterprise credit report mainly includes four parts: basic information, credit information, public information and statement information. Basic information Displays corporate identity information, major investor information, and senior management information. Credit information is a core part of a credit report that displays information about a company’s current and paid debts with financial institutions. Public information displays the information of enterprises in social management, such as tax arrears, administrative penalties, court decisions and execution information. Declaration information displays the description of the reporting agency, the label of the credit information center and the statement of the information subject under the enterprise. The enterprise credit report is one of the main credit information products for the enterprise credit information system to provide foreign services. It provides the inquirer with comprehensive and accurate comprehensive credit information of the enterprise, provides important decision-making reference for all kinds of credit transactions, and reduces unnecessary credit risks and losses.
Corporate credit reports are mainly used in commercial banks for credit approval and post-loan management, and are also used in many activities such as government departments’ award evaluation, evaluation, bidding or audit institutions’ financial audit. After the authorization and consent of the enterprise, commercial banks, government departments, etc., can inquire the credit report of the enterprise to understand its credit status. The enterprise credit report is one of the main credit information products for the enterprise credit information system to provide foreign services. It provides the inquirer with comprehensive and accurate comprehensive credit information of the enterprise, provides important decision-making reference for all kinds of credit transactions, and reduces unnecessary credit risks and losses. Enterprise credit reports are mainly used in two aspects: First, for enterprises to actively understand their own credit records, such as: check whether there is bad credit information in the credit report, compare the loan balance in the credit report and their actual loan book balance is consistent. Second, the enterprise provides to the counterparty, government departments or other institutions to use after inquiry, as a proof of its own qualification and credit status, in order to obtain the trust of the other party, such as: provide to the investment partners to be cooperated with, and government departments require the enterprise to provide its own credit report to understand whether the enterprise has bad records when conducting various kinds of bidding.