Credit checks for companies: secure, fast and digital

Your business deserves reliable partners. Secure financial stability with credit checks by Debtist.

Imagine losing a big deal because your customer is insolvent. With Debtist, you can avoid such risks from the start and strengthen your negotiating position. Our credit check offers you detailed, reliable insights, tailored to the needs of modern businesses and private customers in the DACH region. It’s invaluable in minimizing risks in various situations:

• Acquire new customers: Before entering a business relationship, you should check the financial health of potential customers.

• Handle large orders: For significant sums, it’s crucial to ensure the client can pay the invoice.

• Avoid payment defaults: Regular checks on existing business partners help you identify risks early.

• Close rental or loan agreements: For long-term commitments, a credit check is essential to ensure financial security.

Why use Debtist’s credit check service?

Debtist helps you better assess the financial risk of new and existing business partners. Easy to access and flexible – whenever you need it.

1. Tailored checks for the DACH region

   Debtist offers credit checks for companies and individuals, fully compliant with GDPR and easily accessible via our REST API.

2. Flexible cost structure

   Charges are per request and billed at the end of each month. For large customers, we offer tiered pricing starting at 1,000 requests – ideal for companies with high demand.

3. Simple access via REST API

   Integrate Debtist seamlessly into your system and submit customer data (name, address, email, phone number) directly. The result? A readily usable score from 1 - 6 (or 0 if no information is available) with a clear risk assessment.

How does Debtist’s credit check work?

Using the form in the Debtist dashboard or our REST API, you can quickly and easily send the data to our interface. Shortly after, you receive the credit score – on a scale of 1 to 6, providing an accurate assessment of the risk of non-payment. Our scoring is based on up-to-date, reliable data sources and is analyzed by advanced algorithms for well-informed decisions.

Calculation basis for credit checks

Debtist’s credit check is based on a range of solid data sources and analysis factors to ensure an accurate assessment of payment default risk. Our calculation includes several aspects, outlined as follows:

• Company data
  Key business information such as legal form, company age, number of employees, industry, and shareholder structure are considered to provide a comprehensive picture of the company’s financial stability.

• Geographical data
  The region is also factored in, as regional factors can influence payment ability.

• Financial and balance sheet data
  Financial indicators, including capital liability, annual revenue, and specific balance sheet ratios, are part of the evaluation, providing insights into the company’s financial strength.

• Decision-maker information
  Data about the company’s owners and managing directors is also included, as they play a crucial role in the stability and solvency of the business.

• Payment history
  We consider recent negative markers and payment disturbances, particularly information from the DDM (German Debtor Monitor), which helps us identify potential payment defaults early on.

These factors form the basis of our scoring system, ensuring that Debtist’s credit check provides you with a reliable and comprehensive risk assessment.

Check your customers' creditworthiness now

Don’t wait until it’s too late – check your customers’ and business partners’ creditworthiness now and effectively reduce financial risks. With Debtist, you get precise analyses and reliable data to act with confidence. Schedule a free consultation today.

FAQs about Debtist’s credit check

Who can use Debtist’s credit check? Debtist offers credit checks for companies and individuals across the DACH region. Our service is aimed at corporate clients who need reliable information about potential or existing business partners.

How are credit checks billed?

Billing is per request and summed up at the end of the month. We offer tiered pricing for large customers – starting at 1,000 requests per month, the price per check is reduced.

What data is needed for the credit check?

Generally, the more data, the better. For a credit check, we need the full name, address, and optionally the email and phone number of the person or company being checked. These details help us create an accurate assessment.

How does Debtist’s scoring system work?

Debtist uses a scoring system from 1 to 6, where 1 indicates very high creditworthiness, and 6 signals a high risk of non-payment. If no sufficient information is available, a score of 0 is given.

How quickly do I receive results?

Once data is submitted via our REST API, you get results in no time – perfect for seamless integration into your business processes.

Is the service GDPR compliant?

Yes, all of Debtist’s processes fully comply with GDPR. Protecting and responsibly handling customer data is our top priority. Submitted information from checks is not stored.

Can I integrate credit checks into my existing systems?

Yes, our service is seamlessly integrable via REST API. This allows you to automate credit checks and access them flexibly at any time.