Kredittdata
Credit ReportCredit BadgeCredit CheckMonitoring
Use casesAboutTendersPricing
Log inGet started

Supplier risk

Supplier credit check

Before entering a supplier agreement, paying an advance or committing to a large contract, it is wise to know who you are dealing with. A credit check gives you the fact-based foundation.

What supplier risk entails
What to check before contracts or advance payment
Signals indicating extra caution

What to check

Payment remarks

Active remarks are a clear signal of payment difficulties.

Credit score and risk

Overall assessment of financial strength and risk profile.

Solvency

Equity and long-term financial stability.

Liquidity

Short-term payment capacity and cash flow.

Ongoing legal proceedings

Signals of disputes, debt collection cases or other legal processes.

Risk

What is supplier risk?

A supplier's financial situation directly affects your ability to receive what you have paid for.

Disruption to supply chain

A supplier that stops delivering — due to bankruptcy, liquidity problems or legal proceedings — can halt your production or operations. Switching suppliers at short notice can be difficult and costly.

Lost advance payment

Paying an advance to a supplier in financial difficulty risks losing the payment without receiving the delivery. Always check solvency before larger transfers.

Contract with a weak counterparty

A long-term supplier agreement with a company in financial decline offers limited protection. The contract is only as good as the counterparty's ability to fulfil it.

Reputational risk

Associating with suppliers with poor payment history or ongoing legal proceedings can affect your business's reputation with your own customers and partners.

Related pages

More insight and tools

Business credit check

Check customers, suppliers and partners.

Payment remarks on a business

What payment remarks mean and what you can do.

Monitoring and alerts

Get alerts when credit status changes.

Pricing

See pricing for all credit services.

Contact us

Need help choosing the right solution?

Questions and answers

Frequently asked questions

Contact us

Do a credit check before entering into a new supplier agreement, paying an advance, or committing to a major long-term contract. This applies especially for unknown suppliers or large amounts.

You get insight into credit score, payment remarks, solvency, liquidity and payment history. It gives you a fact-based picture of the supplier's financial situation.

Financial situations change. A supplier that was solid two years ago may have a weaker credit status today. For important supplier relationships, ongoing monitoring gives you early alerts.

The monitoring service is designed for businesses to keep track of their own credit status. Contact us to discuss what best suits your situation.

A credit check is used to assess other companies you are considering doing business with. A credit report is a formal document that documents your own company's credit status, for example for tenders.

Contact us

Send us a message and we'll get back to you.