Comprehensive Write Up
- Statutory information obtained from Registrar of Companies
(ROC) or Registrar of Businesses (ROB).
- Cross referencing on the company and its directors, i.e.
determining the directorship and shareholding and interest in
other companies that have been captured in our database.
- Credit check or credit history which provide details on
bankruptcy, legal action, winding up petition and defaulter's
information on the company as well as its directors.
- Information obtained from the interview with the company's
management which are not readily available and this includes its
suppliers' information on its payment records, clientele,
operations, recent development and current investigations.
- Financial accounts, key ratios and financial analysis.
- Analysts' comments on the subject company in relation to its
industry and the country's current economic situation.
Credit Rating
- Credit appraisal on the company to determine its credit
worthiness.
- An appendix is attached to the credit report clarifying the
criteria taken into consideration in the rating process.
- A guideline for determining the company's credit risk and
amount of credit to be granted.
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Convenient
& Time Saving
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- As credit report provides most of the essential information on
a company, it will be very easy for our clients to study or make
use of the information in the report. Our clients may save
significant time and cost in collating and analyzing the data.
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Up-Dated
Information
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- An interview with the senior management of the subject company
is necessary. Interview is conducted and through this process,
we are able to provide you with the latest information which may
not be available at the ROC and we will update the registry's
records accordingly. Furthermore, through the interview,
sometimes we may be able to get a copy of the latest financial
accounts from the subject company even it is yet to be lodged
with the ROC.
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Site Visit
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- A personal site investigation will be conducted if necessary.
This is to ensure the existence or activeness of the subject
company. We believe that there are about 50% of the companies
registered with the ROC that are either dormant or struck off by
ROC or wound up. Thus it can be very risky to conduct business
with these companies.
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Independent Advice
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- BASIS as an independent credit agency will provide independent
advice or comments. There is no conflict of interest.
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- Credit report is a good supportive source to supplement major
decisions like credit granting, reviewing of account, purchasing
and other important business decisions.
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