Confidential Live Credit Profile
Last Update: 29 Apr 2010 15:52(o/a: Accu-Right Technologies)
1234 Anywhere Street
Some City, Some State 12345
You have selected Gold level of service for this profile
Credit Requested: 75,000
Observations and Recommendations
B2B Credit Chex, Inc. recommends granting the credit limit requested of $ 75,000 to this account on condition that payments in the 60 day range are acceptable to you.
Subject has been in business for 13 years and has a slow yet consistent payment history with no record of causing a bad debt. The risk of incurring a bad debt with subject in the near future is low however the possibility of slow payments is very high. Other vendors continue to offer credit terms even though slowness is being reported. The manner in which other vendors are accepting slow payments will have a direct impact on the manner in which payments are made to you.
A close watch and ongoing monitoring is strongly suggested.
Current ownership structure has been in place since 2009.
Facilities are leased and in good standing.
Legal Information
A verification of legal records done today shows the following history:
0 Suits
0 Judgments
0 Liens
0 Collections Reported
0 NSF cheques/checks Reported
One (1) UCC registered August 2009 by California Economic Development Lending Initiative securing short term assets such as receivables and inventory.
One (1) UCC registered July 2009 by Bank of The WEST securing short term assets such as receivables and inventory.
One (1) UCC registered in 2007 by Mid State Bank and Trust securing short term assets such as receivables and inventory.
Three (3) UCC filings registered in 2004 by FC Factoring securing short term assets such as receivables.
Please note: The above filings indicate subject has a high overall debt position. Ongoing financing is needed to support working capital.
Please note: UCC Filings in the US operate in much the same way as PPSA Filings in Canada.
The above recommendation is made with the understanding that you have a written and signed commitment from an authorized individual with this customer, as well as the company’s legal name on all signed agreements.
Please note: The References provided to you on your credit application are identified in the credit profiles . Other vendor References are obtained by B2B through it's network of trade information providers.
Subject is a privately held corporation and as such is not required to release financial details for general publication. B2B does not release the name of the inquirer unless instructed to do so by you. The responsiveness to private corporations providing financial details increases if they know the source of the inquiry. Should you want B2B to solicit specific financial details exclusively on your behalf, we would be more than happy to do so at no additional cost to you and this profile will be redone.
Applicant Details
| Accu-Right Manufacturing Co. Ltd. | VERIFIED | |
| Accu-Right Technologies | VERIFIED | |
Main Address |
||
| 1234 Anywhere Street | VERIFIED | |
| Some City | VERIFIED | |
| Some State | VERIFIED | |
| 12345 | VERIFIED | |
| United States | ||
Billing Address |
||
| 1234 Anywhere Street | VERIFIED | |
| Some City | VERIFIED | |
| Some State | VERIFIED | |
| 12345 | VERIFIED | |
| United States | ||
Contact Information |
||
| 999-555-1212 | VERIFIED | |
| 999-555-1213 | VERIFIED | |
| info@samplecompany.com | VERIFIED | |
| www.samplecompany.com | VERIFIED | |
Company History
| 45-55 | VERIFIED | |
| Wholesales Widgets | VERIFIED | |
| Since 1997 | VERIFIED | |
| 2009 | ||
| R1234567 0001 | ||
| corporation | VERIFIED | |
| yes | VERIFIED | |
| ART Technologies | VERIFIED | |
| yes | VERIFIED | |
| B Smolinski | VERIFIED |
ART is an American multinational corporation that designs and manufactures consumer electronics, computer software, and personal computers. The company's best-known hardware products include XYZ computers, the y Brand, the X Brand and the Z Brand. ART software includes the standard operating systems; the A Brand media browser; the iX Brand suite of multimedia and creativity software
Subject began as a family business in 1997 and current ownership structure has been in place since May 2009.
Company Contacts, Ownership and Management
| Rob T Someone | VERIFIED | |
| CEO | VERIFIED | |
| Tina R Some-One-Else | VERIFIED | |
| CFO | VERIFIED | |
| Joseph Paybills | VERIFIED | |
| AP Supervisor | VERIFIED |
Other officers ad directors are:
A.T. Johns , Director
Helen Smith, Director
H. L. Williams, Director
Trade References
Credit Trade Reference
| ABC Vendor | VERIFIED | |
| 1234 10th. Street | VERIFIED | |
| Some City | VERIFIED | |
| AB | VERIFIED | |
| 12345 | VERIFIED | |
| United States | ||
| 999-555-1212 | VERIFIED | |
| 999-555-121 | VERIFIED | |
| Credit Manager | ||
| $100,000.00 | ||
| $50,000.00 | ||
| N30 | ||
| $10,000.00 | ||
| $5,000.00 | ||
| $0.00 | ||
| Avg. 60-75 Days | ||
| Yes | ||
| No | ||
| 2010-04-01 | ||
| Yes | ||
| Since 2008 |
Reference requested on Date of Inquiry
Reference returned today
Reference stated: "We have dealt with this customer for a few years and although they pay their bills, they do make it hard to get your money. You will have to re-fax invoices several times if they treat you like they treat us"
Credit Trade Reference
| AXY Vendor | VERIFIED | |
| United States | ||
| 999-555-1313 | VERIFIED | |
| 999-555-1414 | ||
| P Ryan | ||
| $15,000.00 | ||
| $7,500.00 | ||
| N30 | ||
| $7,500.00 | ||
| 40-50 Days Slow | ||
| Yes | ||
| No | ||
| 2010-02-27 | ||
| Yes | ||
| 6 Years |
Reference stated: " You will get paid but it will be on their terms not yours."
Credit Trade Reference
| LMN Vendor | VERIFIED | |
| . | ||
| CFO | ||
| $75,000.00 | ||
| $1,500.00 | ||
| Lease Agreement | ||
| $0.00 | ||
| $0.00 | ||
| $0.00 | ||
| All Current | ||
| No | ||
| No | ||
| 2010-04-30 | ||
| No | ||
| 2 Years |
This reference responded today and no additional comments were submitted.
Credit Trade Reference
| B2B Obtained Reference | VERIFIED | |
| Credit | ||
| $45,000.00 | ||
| $23,000.00 | ||
| N30 | ||
| $10,000.00 | ||
| $13,000.00 | ||
| $0.00 | ||
| Avg 60 Days Plus | ||
| yes | ||
| no | ||
| Yes |
Reference stated : "They do pay slow but we are happy with the account and give them a credit limit of $ 100,000. They have paid this way since the start."
Credit Trade Reference
| B2B Obtained Reference | VERIFIED | |
| S St. Pieer | ||
| $1,500.00 | ||
| $1,500.00 | ||
| Credit Card | ||
| $0.00 | ||
| $0.00 | ||
| $0.00 | ||
| All Current |
Reference stated: "We have had no problems since we put them on automatic credit card payment"
Credit Trade Reference
| B2B Obtained Reference | VERIFIED | |
| Credit manager | ||
| $12,000.00 | ||
| $7,000.00 | ||
| N30 | ||
| $2,500.00 | ||
| $2,500.00 | ||
| $0.00 | ||
| Avg 50-65 Days | ||
| Yes | ||
| No | ||
| 2010-04-30 | ||
| Yes | ||
| 4 Years |
Reference stated: " We dance the same dance every month. They send us a check for what was due 2 month ago and we send them another month's worth of supplies.. I said to put them on hold, but my sales guys keep shipping. They will pay but they'll use your money to run their business."
Banking Information
| Worlwide Bank | VERIFIED | |
| 1234 Street | VERIFIED | |
| City X | VERIFIED | |
| NY | VERIFIED | |
| 12999 | VERIFIED | |
| United States | ||
| B. M . Banker | VERIFIED | |
| 999-555-8888 | VERIFIED | |
| 999-555-7778 | VERIFIED | |
| chequing | VERIFIED | |
| 00009996677 | VERIFIED | |
| Line of Credit | VERIFIED | |
| 00005555778 | VERIFIED |