The Importance of Risk Management in Companies that Extend Credit

Extending credit is an effective strategy to increase sales for any company. However, this action, which promises higher earnings, also involves a risk of non-payment that must be mitigated through proper risk management. This management is essential to avoid losses and achieve a solid portfolio. Therefore, services such as credit reports and credit report agencies are crucial to assess customers' solvency and make informed decisions.

An Essential Necessity

Conducting a credit check of companies is vital, which involves obtaining reports from specialized agencies such as Equifax, TransUnion, and Datacrédito. These reports provide a clear view of the applicant's credit history, allowing the evaluation of their payment capacity and past financial behavior.

Useful Tools and Services

Among the tools for credit management, DEL RISCO REPORTS offers you ONLINE and OFFLINE credit reports.

1. ONLINE REPORTS: These are database reports, investigated in the past, which can provide you with certain past information about a particular company.
2. OFFLINE REPORTS: These reports are prepared at the time of the client's request. They contain certain information that is corroborated by credit analysts and provide you with the latest updates in a report.

Why Analyze Your Clients

Analyzing your clients is very important because it helps you avoid risks by working with clients who have a good credit score, good payment behavior, and good commercial references.

Additional Advice

Due to the ever-changing nature of companies, driven by innovations, competition, and other intrinsic and external factors, it is necessary to evaluate a company before working with it. This way, you avoid non-payments and insolvency. Using the services of a credit report agency like DEL RISCO REPORTS helps you obtain detailed information. Avoid companies that urgently request credit, as it is very likely that they have a low credit rating.

Meet Some of the Companies in Our Database:

- Planta Industrial de Guatemala
- Secavit S.A.
- Lapco Honduras
- Lakasa Perú
- Agrupación Sabanitas Panamá
- Petroquim Paraguay
- Sadimex SRL
- Consulting and Company S.A.
- Feduro Costa Rica
- Claves Industriales R & K S.R.L.
- International Bottling Services S.A.
- Cantata S.A.
- Pinturas Aya Perú
- Industrial de Alimentos EYL
- Sabaf México Appliance Components S.A. de C.V.
- Embotelladora Caral
- Pecuaria Exportadora S.A.
- Energua Honduras
- Sancay SRL
- Beef Paraguay S.A.
- Danesa S.A.
- Central America Spinning Works El Salvador Sociedad Anonima de Capital Variable
- Nanxi Solução LTDA
- Lenor Industries S.A. de C.V.
- Beef Paraguay
- Unión Comercial del Paraguay
- Potan Interamericana S.A.
- Detailed Studies SRL
- Sadotel
- Central America Spinning Works
- Droguería Centro Histórico, Sociedad Anonima
- Leoni Wiring Systems de Paraguay SRL
- Utopia Farms
- American Brands Costa Rica
- Ikso SPA
- Nilac
- Víveres de Panamá