The Costa Mesa, Calif., credit bureau Experian Information Solutions Inc. has developed three credit scores designed to predict delinquency rates for small businesses.
An "all-financial" score identifies businesses that are likely to go delinquent on a commercial credit card, a loan line or a lease within the next 12 months. The other scores — one for commercial credit cards and the other for retail ones — identifies businesses that are likely to become 90 days delinquent at least once, or 60 days delinquent two or more times, within that time.
The scores, introduced last week, are available only through Experian's small-business credit share program, which currently has 34 members. The scores include data from the program's members and from Experian's database of large commercial creditors.
Experian said the scores will help clients "reduce costs and maximize revenues" by identifying accounts that pose "future business risks."