Global Sources Launches Supplier Credit Ratings
Manufacturer directory Global Sources has added a free supplier credit checking service.
The service, called Credit Check and developed with partner Verify Limited, provides buyers with online credit reports on Greater China suppliers. Credit Check provides data on up to 13 different legal and financial business areas, including corporate status, shareholders, licenses and permits.
Companies listed on Global Sources that have opted to participate in the program will carry a 'Credit Check' logo to show their information has been verified. Buyers can click the logo to access detailed credit information.
More extensive reports are planned for later in the year, and will include credit ratings, litigation, banking relationships and risk analysis metrics. Buyers will be able to purchase these additional reports online to check any Global Sources supplier.