Small Business Credit Report

The LexisNexis® Small Business Credit Report presents a concise view of a legal, non-human entity.

The report presents data in a dashboard summary that contains sections and subsections. Reports are created from billions of public records and proprietary records that are analyzed, filtered, and linked through proprietary algorithms.

note.pngFor consistency, these entities are referred to as businesses, but this service contains any kind of legal entity that is not a consumer.

Report and Results Elements and Icons

Reports and results contain elements that provide information to help you complete additional research actions.

For a list of possible elements, see Report and Results Element Descriptions.

For a list of possible icons, see Report and Result Action Icons.

Reports and results may contain risk indicator flags. Risk indicator flags indicate a potential risk that may need further investigation. For information about risk indicator flags and other informational icons, see Informational and Risk Indicator Icons.

note.pngDepending on your product subscription and administrative settings, you may not have access to the report or some of the information in the report.

The following table contains descriptions for each section of the report.

Report Section Descriptions
Section Description
Header Information This section provides general information about the report.
Generated On
This line displays the date and the time when the report was generated.
Search Terms
This line displays the search terms that you entered into the search form.
Report Created For
This line displays who the report was created for.
Match
This line displays matching company names and addresses based on the input search terms.
Summary This section contains an overview of the company that includes the following information:
Company Background
This section contains an overview of the searched business.

The best contact information pertaining to the business and input Authorized Representative is at the beginning of the report. The best contact information is typically the most current and most complete information for a business and includes the subject’s name, address, LexID® business legal entity number and, if available, phone number, year established, and TIN (taxpayer identification number).

Other provided information includes the most recent trade on file, the estimated annual income, the number of estimated employees, and the industry description.

Scores

This section can contain two scores. The Small Business Credit Report model is provided in all reports. If authorized representative data is provided in the search form, then LexisNexis® Small Business Blended Credit Score is returned.

Both score models were developed to help predict and identify accounts that may charge-off, become 91 or more days past due, or become bankrupt in the next 18 months.

Both scores are three digits, ranging from 501 (highest credit risk) to 900 (lowest credit risk).

A score exception is returned in the following scenario:

Score Description Additional Information
0 Insufficient input provided A valid set of input elements is required to generate a non-zero score.
222 Insufficient data available to generate a score LexisNexis® Risk Solutions is unable to identify and confirm the subject based on the identity elements that are on file.

The top four reason codes are returned with the results of each score. These reason codes provide insight into the factors that influence the score calculation.

Examples:

  • Too few S.O.S. filings on record
  • No record of business property ownership
  • Insufficient non-derogatory sources on record for the business
  • Insufficient data on record to generate a score

This section also includes a score trends graph that compares the credit score with the industry average.

Trade Summary

This section contains an overview of and headline information for the searched business' business-to-business trade line information.

Trade Summary Information
Item Description
Open Accounts Number of open B2B trade accounts
Oldest Account Date Accounts receivable date of the oldest B2B trade
Total Overdue Total amount overdue on all B2B trade accounts
Average Open Overdue Average amount overdue on open B2B trade
Most Severe Status Worst status of any B2B trade on record
Highest Credit Highest credit amount across all B2B trades
Total Balance Total amount outstanding on all B2B trade accounts
Median Balance Median value of all open B2B trade accounts
Records Overview
This section highlights key aspects of the report, including counts for the following items:
  • Current real property holdings
  • Current personal properties
  • Secured assets reported through UCC (uniform commercial code) records
  • Current executives
Additionally, the overview indicates the presence of records in which the business is a debtor in an active UCC, and includes counts for bankruptcies, judgments or liens, and notices of default and foreclosed real properties.
Inquiries
This section contains counts of inquiries made on the searched business with LexisNexis Risk Solutions. The records are first organized by the industry of the inquirer, and then by how recently the inquiry occurred. Any inquiry that was not made in the last 12 months is displayed only in the Total column.
Trade Lines This section includes the following information in an overview of business to business (B2B) tradelines for the searched business:
Trade Summary

This section contains headline information of the searched business' business-to-business trade line information.

Trade Summary Information
Item Description
Open Accounts Number of open B2B trade accounts
Oldest Account Date Date the account was opened of the first B2B trade
Total Overdue Total amount overdue on all B2B trade accounts
Average Open Overdue Average amount overdue on open B2B trade
Most Severe Status Worst status of any B2B trade on record
Highest Credit Highest amount credit used across all B2B trades
Total Balance Total amount outstanding on all B2B trade accounts
Median Balance Median value of all open B2B trade accounts
Current Payment Summary
This section displays an aged-debt summary of the outstanding balance of all active business-to-business trade line accounts. This table includes the outstanding balance and percentage breakdowns of how much of the balance is in the following categories:
  • Within terms
  • 1–30 days past due
  • 31–60 days past due
  • 61–90 days past due
  • 91+ days past due
Payment Summary by Industry Segment

This section provides a summary of the active business-to-business trade lines for each of the five major industry segments.

Payment Summary by Industry Segment
Item Description
Segment Industry segment
Number of Providers Number of B2B trade line providers
Average Balance Average active B2B trade line balance over the last three months
Average DBT Average B2B trade line DBT (days beyond terms) per provider
Highest Balance Single highest B2B trade line provider balance reported by one provider over the last three months
31–60% Percentage of active B2B trade lines that are 31 to 60 days past due
61–90% Percentage of active B2B trade lines that are 61 to 90 days past due
91%+ Percentage of active B2B trade lines that are move that 91 days past due
Trade Line Details
This section provides details about each trade line. This information includes the account number, the status, the industry segment, the reported date, the dollar amount outstanding, and a 24-month history.
Public Records
Summary
This section provides summary counts of the public records that are in the report and events that are contained in those records. This section includes the following counts:
  • Bankruptcy
  • Secured assets reported through UCC records
  • UCC debtor
  • Foreclosure/notice of default
  • Personal property
  • Judgments/liens
  • J&L aggregate value
  • Incorporations/SOS (Secretary of State)
  • Real property
  • Licenses

In each subsection, click to expand the details for a specific row. Click Show All Details to expand details for all rows.

Bankruptcies
This section contains bankruptcy records that are attributed to the business. A summary description is displayed by default.
Judgements/Liens
This section contains judgment and lien records that are attributed to the business.
UCCs
This section contains UCC records that are attributed to the business.
note.pngThe report includes filings in which the subject is the debtor and filings in which the subject is a creditor or secured party. Select or deselect Show Debtor or Show Creditor to filter the results.
Incorporations/SOS
This section contains a summarized view of SOS and other business registrations that are associated with the business. Click Sources in the Actions column to see the details of the filings.
When a filing status cannot be determined, N/A is displayed.

You can select or deselect Show Active or Show Other to filter the results. You can select a state to filter by state.

Real Property
This section contains information about real estate assets that are associated with the business. Properties with a foreclosure or notice of default are displayed first, followed first by current properties that are associated with the subject, and then by properties that are no longer associated with the subject.
You can clear the Show Prior check box to exclude prior properties.
Personal Property
This section contains information about motor vehicles, watercraft, and aircraft that are associated with the business.
You can select or clear the Show Prior, MVR, Watercraft, or Aircraft check boxes to filter the results.
Licenses
This section contains information on any permits that were issued by government agencies to the searched business.
Associated Businesses
Parent Company
This section identifies business information about the parent business of the searched business. The parent is identified using LexisNexis Risk Solutions linking technology to assess information that is gathered about a business. Click LexisNexis Small Business Credit Report to view details.
Possible Connected Businesses
This section contains businesses that may be closely related to the searched business, but they do not meet the requirements to join with the subject. Companies with similar names and similar addresses may appear in this section. Companies that are separate legal entities but share a connection to the searched business (such as a common owner) may also appear in this section.
Associated Persons
Executives: Current
This section contains persons who have been associated with the business in the past 24 months and who have held an operational or managerial title.
The executives are listed in alphabetical order by last name along with their title. Click SmartLinx Person Report to view details. When a search for first-name last-name is displayed, LexisNexis Risk Solutions is unable to resolve that executive to a single LexID number. Click Search for [subject name] for a list of candidates.

Reports and results may contain risk indicator flags. Risk indicator flags indicate a potential risk that may need further investigation. For information about risk indicator flags and other informational icons, see Informational and Risk Indicator Icons.

Executives: Prior
This section contains persons with operational or managerial titles who have not been associated with the business in the past 24 months, but were associated beyond 24 months ago.
Additional Information
Name/Address Variations
This section contains the following tables:
  • The Name Variations table lists the names that are associated with this business record.
  • The Address Variations table lists the addresses that are associated with the business.
Activities
This section contains codes and descriptions for primary SIC (Standard Industrial Classification) codes for the searched business, additional SIC codes for the searched business, and NAICS (North American Industry Classification System) codes for the searched business.
News
Run News Search

Click Run News Search to run a news search using the business name. Results are displayed from LexisNexis Risk Solutions news sources. The news source contains English language, full-text news sources. Access to certain freelance articles and other features within this publication (for example, photographs and classifieds) may not be available.

The results page contains a link to edit the search terms so that the search can be tailored even further.