Blog

Recent Enhancements

Recent Enhancements

So far, 2015 has been a busy year for product development and enhancement at BCR. Over the past few months, we have brought many new enhancements to our product line.

Facts You Need to Know About the New FICO Score 9

Facts You Need to Know About the New FICO Score 9

The FICO Score-Three digits that have a big impact on most Americans’ financial life. FICO Scores are used in a large percentage of lending decisions. For the first time since 2009, FICO (formerly known as Fair Isaac Corporation) released a new version of its scoring algorithm called FICO Score 9. It contains several changes to how the score is calculated. This new formula offers hope to consumers whose credit reports contain certain types of negative information.

Holtmeyer and Monson Partners with BCR

Holtmeyer and Monson Partners with BCR

Holtmeyer and Monson, a company that helps community banks, credit unions and other lenders offer small businesses access to capital through SBA loan programs has partnered with Business Credit Reports. The partnership will enable their clients to report their SBA loans to the credit bureaus.

D&B Announces $320M Buyout of D&B Credibility Corp

D&B Announces $320M Buyout of D&B Credibility Corp

D&B has announced that it will be purchasing D&B Credibility Corp. for $320M. Pending regulatory approval, the deal should close by the end of May 2015. Upon completion, D&B will form a new division, D&B Emerging Businesses, which will incorporate leading technology and data solutions along with various business assets, to offer new products and solutions to emerging businesses.

Strengthening the SBA's Main Lending Program

Strengthening the SBA's Main Lending Program

The Senate Committee on Small Business and Entrepreneurship recently approved the Small Business Lending Reauthorization Act of 2015. The bi-partisan bill strengthens the SBA’s main lending program, the 7(a) loan program. It increases the program’s lending authority for 2015 to $20.5 billion and 2016 to $23.5 billion.

Be Sure Your Vendors Will Be There When You Need Them

Be Sure Your Vendors Will Be There When You Need Them

Vendor selection is a strategic decision that can make or break your business. One of the biggest questions that you need to answer when selecting a new vendor is, “Can this vendor perform when I need them?” Another is, “As my business grows and my needs expand, will this vendor be able to grow with my business?”

Now You Can Visually Verify Customers and Vendors with Our New Google Maps Feature

Now You Can Visually Verify Customers and Vendors with Our New Google Maps Feature

We've added a Google Maps view to all of our reports to show the business from satellite view.