As credit professionals work to develop rules for accurately evaluating credit worthiness, business credit scoring has taken on a life of its own.
Technology is making it easier and easier to develop reliable credit scoring as many technically advanced corporations have developed their own scoring systems based on financial statements, references, payment trends, public information etc. NACM Heartland members can access credit scores through their relationships with D & B and Equifax.
In addition, NACM Heartland offers the ICE Credit Score. Our proprietary database has the ability to score ICE credit reports individually or in a batch mode allowing members to gather much more information quickly on their whole portfolio or a portion of their portfolio. The criteria for pulling scores are left up to the member. Most recently ICE has begun scoring its entire database on a daily basis and developing scoring trends that will be used in the future.