The Importance of Trade References for Accurate Credit Evaluation

In the business world, credit evaluation is essential for determining a company's ability to meet its financial obligations. DEL RISCO REPORTS, a company specialized in creating credit reports, helps you by providing the most accurate and up-to-date information on Latin American companies. This way, when you need to sell on credit or extend credit, you can avoid dealing with delinquent companies.

In this article, we will discuss trade references, which play a crucial role in our reports and provide a qualitative perspective that enriches the numerical data of the report.

Understanding Trade References

Trade references are testimonials provided by business partners, suppliers, and customers. These references offer information on key aspects such as payment history, the quality of business relationships, and the company's management capabilities.

What Information Do Trade References Provide?

While financial statements show a company's ability to generate revenue, trade references provide insight into the punctuality of their payments and their market behavior. They help identify potential risks that are not evident in numerical data. A company may have solid financial statements, but if suppliers report frequent payment delays, this indicates significant credit risk. Additionally, trade references demonstrate that the company has a good reputation and is reliable, which facilitates the building of business relationships.

Unsure About Doing Business with a Company?

Don't leave your company's future to chance. Focus your efforts on evaluating real and objective information through our credit reports. Contact us today or purchase the following reports from our website:

- Agrupacion Sabanitas Panama
- Consulting and Company S.A.
- Petroquim Paraguay
- Claves Industriales R & K S.R.L.
- Cantata S.A.
- Pinturas AYA Peru
- Industrial de Alimentos EYL
- Sadimex SRL
- International Bottling Services S.A.
- Embotelladora Caral
- Feduro Costa Rica
- Pecuaria Exportadora S.A.
- Energua Honduras
- Sabaf Mexico Appliance Components SA de CV
- Danesa SA
- Central America Spinning Works El Salvador Sociedad Anonima de Capital Variable
- Nanxi Solução Ltda
- Sancay SRL
- Lenor Industries S.A. de C.V.
- Beef Paraguay SA
- Union Comercial del Paraguay
- Potan Interamericana S.A.
- Sadotel
- Detailed Studies SRL
- Drogueria Centro Historico, Sociedad Anonima
- Leoni Wiring Systems de Paraguay SRL
- Utopia Farms
- American Brands Costa Rica
- Viveres de Panama
- Ikso Spa
- Nilac

And contact us if you want more information about a particular company.