Guide

Credit-checking new customers – a checklist

5 min·Updated 15.06.2026·Reviewed by Kredittdata

Before you extend credit to a new customer, you should spend a few minutes on a simple check. Here are six steps that reduce the risk of loss.

The checklist

Look up the company and see its score and rating
Check whether there are any payment remarks
Look at equity and the latest result
Consider the company's age and industry
Set a credit limit based on the recommendation
Set up alerts for future changes

Make it a routine

It takes only a moment, but it saves you from large losses. Make the credit check a fixed part of onboarding a customer – not something you do only once something has gone wrong.

Frequently asked questions

How do I credit-check a new customer?

Six steps: look up the company and see its score and rating, check whether there are any payment remarks, look at equity and the latest result, consider its age and industry, set a credit limit based on the recommendation, and set up alerts for future changes.

How long does a credit check take?

Only a moment – but it can save you from large losses. Make the credit check a fixed part of onboarding a customer, not something you do only once something has gone wrong.

What should I do after the credit check?

Set a credit limit based on the recommended limit, and set up alerts for future changes, so you are notified if the customer's situation changes later.