Establish credibility with lenders, and expedite applications for loans and contracts.
Many financial institutions look at a company's business credit report or monitor a company's Live Business Identity (anchored by the company's D‑U‑N‑S Number) when considering whether to extend credit or grant a loan and what terms and conditions to offer. The information in the report includes D&B® scores and ratings(D&B PAYDEX®, D&B Delinquency Predictor Score, D&B Financial Stress Score, as well as other predictive and performance-based scores and ratings), as well as suits, liens, judgments, and other information that may help the institution make a decision.
Do business with the government and companies outside the United States.
Companies all over the world and many government institutions perform risk assessments of their potential partners or suppliers as part of the vetting process and may require a D‑U‑N‑S Number when submitting a bid. The organization or company requesting the D‑U‑N‑S Number can use it to help verify a company's legitimacy or to access the D&B scores and ratings in the bidder's business credit report.
Make sure other businesses get a complete and accurate story about your business.
Your D‑U‑N‑S Number can be used to request your business credit report, which contains your company's D&B scores and ratings; as well as suits, liens, or judgments; your company's payment history; and other information that can be used to help gauge your company's creditworthiness as a customer, supplier, or partner.