Tenders and credit status
Payment remark and tenders
A payment remark can affect whether your company qualifies for tenders. Here is what it means, what to check — and what can help.
Common tender requirements
No active payment remarks
Credit report from recognised provider
Credit score in PDF format
Financial analysis and key figures
Evidence of payment capacity
Requirements vary between buyers. Always read the tender documentation carefully.
Background
What is a payment remark?
A payment remark is registered when a creditor has not been paid for an overdue claim. The claim typically must have gone through debt collection or legal proceedings to be registered. Remarks are available to other businesses and financial institutions conducting credit assessments.
In a tender context, payment remarks are one of the first things buyers check. It is therefore important to know your own status well in advance of a tender deadline.
Read more about payment remarks →Credit assessment is affected
Payment remarks lower credit score and can make it harder to win contracts, obtain favourable payment terms and enter new partnerships.
Tenders and public contracts
Many buyers, especially public ones, require that suppliers have no payment remarks. An active remark may lead to disqualification.
Supplier and banking relationships
Remarks are visible to suppliers and banks, and can affect credit limits, advance payment requirements and financial services.
Preparation
What should you check before submitting a proposal?
Preparation and oversight are key. Here are the most important things to have in order.
Check whether your company has payment remarks
01Many buyers require that suppliers have no payment remarks. It is wise to check this well in advance — not the day before the deadline.
Read the tender documentation carefully
02Qualification requirements vary. Some buyers specifically require that the company has no remarks. Others assess the overall picture. Read the requirements and understand what applies to that specific tender.
Consider whether outstanding claims can be resolved
03Does the company have known, outstanding claims? These should be addressed as soon as possible — not only for tender purposes, but because they affect creditworthiness and supplier relationships in general.
Obtain an updated credit report
04An updated credit report shows the company's current situation. Even if remarks exist in the history, a report showing positive development can help support the proposal.
Documentation
What documentation can help?
A professional credit report is the most common form of documentation used in tender processes. It gives the buyer a structured overview of the company's credit status — showing the current situation, not just history.
Note: Kredittdata cannot guarantee tender acceptance, and a credit report does not remove existing payment remarks. The report documents the situation as it actually is.
Static credit report
→Suits most tenders. A snapshot of credit status in PDF format, ready for attachment in the tender portal.
Live credit report
→Used when the buyer requires the report to be based on fresh data. Fetches the freshest available figures at order and updates automatically when the credit picture changes, delivered as PDF.
Data sources and methodology
→Understand what the report is based on and which data sources are used in the analysis.