Trade Payment data is information we have collected from thousands of 3rd party companies (Creditsafe Trade Partner’s). This data is then matched to our universe to give us insight to a particular company’s payment behavior.

Changes in a company’s payment Behavior is one of the earliest signs of financial difficulty and is one of the most effective data sources when predicting the likelihood of failure before the filing of official accounts.

Trade Payment Data is unlikely to represent a company’s total trading behavior, but analysis has proven that even a small amount of Trade Payment behavior is hugely predictive.

The presence of Trade Payment data may impact a Company credit rating however there are other factors that will have a greater impact such as legal filings (CCJ’s), industrysector and key financial ratios.