Welcome to Randall & Richards - Specializing in Commercial Collections

Randall & Richards: The Leaders in Outsourcing, Debt Recovery/Collections, Cybervision Investigations, Legal Forwarding




	Pre-Collections

	Collections

	Legal Forwarding

	Investigations

	Outsourcing

	Additional Services

	Credit Analysis
	Pre-Employment Screening

Services > Additional Services > Credit Analysis

This service is designed to assist lenders in their credit extension decisions by verifying information provided in customer credit applications. You already know that you must assume a certain amount of risk when selling goods or services on credit terms. Help minimize that risk by fully verifying the information that is provided by potential customers!

In an effort to provide a wide range of services, we have created four business credit screening packages, based on the depth of the investigation.

Silver Package

Verify trade references

Verify bank account information

Verify true corporate name, corporate status,

principals & registered agent

Gold Package
Includes all of the Silver features plus:

Business Credit Profile

Verify business property location information

such as ownership, square footage and length

of time at the location

Platinum Package
Includes all of the Silver and Gold features plus:

County-wide search for Judgments

County-wide search for UCC filings

State-wide search for State and Federal tax liens

Platinum Plus Package
Recommended for applicants requesting high credit lines;
includes all of the above features plus:

Dunn & Bradstreet Report

Additional Asset & Liability Probe

Bankruptcy Search in up to three states

The Importance of Credit Screening

According to the National Association of Credit Management, business identity theft grew 70% from June 2002 to June 2003.

Debts placed for collection with a signed credit application, verifiable references and personal guarantees stand an overwhelmingly higher chance of being recovered than those that don’t.

Due to the diverse and vast marketplace nationally, it is very difficult to determine overall success and failure rates. It is a fact, however, that well over 50% of small businesses started fail to see their second year. More than half of those that do don’t see year three.

In every way possible, Randall & Richards would like to help your company become and stay profitable.

Randall and Richards disclaims any liability for claims that may be made by prospective customers of our clients relating to negative information that Randall & Richards may discover in the course of our investigation. Our business credit screening services shall be used by our clients only in cases in which a prospective customer has submitted a signed credit application. Written consent by the applicant is mandatory.

Every credit application will be reviewed for accuracy and completeness.

Our investigations typically have a three to five business-day turnaround time. The reports are easy to read and understand, even if you are not familiar with this field.

It's naïve to think that every customer will pay their debt on time. As experienced commercial debt collectors, we already know what information is critical to the successful collection of outstanding debts, and we've already seen the multitude of ways that applicants will manipulate the information to their benefit.

Let our many years of experience help you make the right credit decision. Minimizing your exposure and potential for lost revenue is our primary focus.

Call us today at 1 (877) 654-1234, or click here to contact one of our Credit Screening Specialists!