Nuvo Upgrades Software With Equifax Data

By Author: Ben Gross
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Nuvo, the quickest trade credit management platform for B2B sellers, has revealed a strategic partnership with Equifax®, a top global data, analytics, and technology company.

Nuvo will use Equifax commercial and business principal information in Nuvo credit application software, making the customer onboarding, underwriting, and credit approval processes for extending trade credit more efficient. Nuvo's suppliers will also be able to send their receivables to Equifax to assist their customers in building their business credit profile.

Nuvo provides suppliers with the option to create personalized credit terms in minutes, significantly reducing the time for credit approval. By integrating business credit reports and business principal credit reports from Equifax into Nuvo's secure platform, finance teams can make better credit decisions and reduce risk exposure.

Equifax Commercial Credit Solutions offers firmographics, credit scores, and payment history for 159 million businesses with $6 trillion in total credit originations. Equifax's extensive coverage of U.S. small businesses gives Nuvo customers access ...
... to reliable, high-quality data for faster business verification and risk assessment in this rapidly growing market segment. Equifax's consumer reports on business principals, provided in compliance with the Fair Credit Reporting Act, can also assist Nuvo customers in offering flexible payment terms to newly established businesses or when terms require a personal guaranty.

More Information : https://www.techdogs.com/tech-news/pr-newswire/nuvo-enhances-credit-application-software-with-equifax-commercial-credit-information