Commercial Credit Checker is a sophisticated solution that automates business workflow within Salesforce. This solution is developed by Cloud Maven, Inc., a certified Salesforce ISV Partner and winner of the 2021 Salesforce Partner Innovation Award. The majority of businesses seek a working capital loan. Working capital loans are used by businesses to meet their day-to-day needs as well as for various business expansion services such as improving cash flow, purchasing raw materials, increasing inventory/stock, paying salaries, hiring employees, and so on. These are typically short-term loans with repayment terms of up to a year. Most banks have difficulty obtaining a refund of their loan amount from any business because most businesses fail or suffer significant financial losses. This credit reporting solution can help you avoid financing risky businesses by providing DataMerch reports. These reports are designed to help funders determine if a prospective client has a bad track record in the alternative loan industry. The application helps you obtain detailed business credit information, making an informed and precise lending decision. Using any Salesforce standard or custom object, lenders can obtain instant business credit reports from Experian, Equifax, and PayNet. It enables banks to instantly assess a company's creditworthiness without leaving Salesforce's secure environment. It combines critical risk information, such as bankruptcy, payment patterns, collection information, legal filings, and fraud, into a single report to provide an accurate picture of the risk your company would assume with any borrower. This can protect your business from bad debt and unpaid invoices. This Salesforce integration has been recognized as the best software to pull credit reports inside Salesforce. It is available on Salesforce AppExchange for a 30-day free trial. For more information about the app or to request a live demo, contact info@cloudmaveninc.com. follow LinkedIn and Twitter to know more.
