Small and Medium Enterprises
CreditBPO powers financial inclusion, helping SMEs to quickly advance, progress, and succeed by providing you with a quantitative analysis of your business and your initial creditworthiness through affordable financial technology and industry benchmarking.
CreditBPO Rating Report©
The CreditBPO Rating Report is a benchmarking and rating solution for SMEs that lets you:
Know how banks will rate your business before you send them a loan application
Benchmark your financial performance against other companies in your industry
Get actionable recommendations on how to improve your financial risk rating and grow your business.
The report, a U.S. copyright-registered solution, is affordable, easy to use, independent, objective, and consistent.
NEW! Get Your SME rated then matched for Business Loans and Supply Contracts at https://match.creditbpo.com
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What is Financial Condition Rating and What Does it Mean to an SME?
Financial condition analysis is the analysis of a company’s financial data that involves, but is not limited to, liquidity, profitability, solvency, leverage, growth, and cashflow. The financial condition rating is often one of the inputs to banks and lenders’ evaluation of business loan applications. Even if you, the business owner, have no intention of obtaining an SME loan, it is still good practice to monitor how effective your financial management has been as seen in your financial condition rating.
Benchmark Your SME vs Others in Your Industry
Wouldn’t you want to know how your business compares with other companies in your industry? We can help you with that! With our financial condition rating solution, you are provided with comparisons between your business and other companies in your industry in five financial metrics. That way you know how you stack up in metrics that matter.
Discover How to Grow Your Business
With our web-based proprietary platform, you will get actionable recommendations on how to improve your financial condition rating and how to grow your business. The CreditBPO Rating Report and the solution dashboard will give you a concise and accurate snapshot of your business’ creditworthiness, and financial risks, and present key insights that an SME owner can use to prime the business.
I Have Questions!
How do I recover my business and grow fast coming out of the COVID-19 crisis?
The best way forward in recovering your business and growing fast coming out of the COVID-19 crisis is to assess your SME’s financial condition by discovering its financial risks in the past three years and being guided on how to reduce risks and be more sustainable.
How do I determine financial risks plaguing my business in the past three years? What information is needed to determine financial risks?
To determine financial risks to your business, its financial records in the past three years must be analyzed according to key metrics, which include liquidity, profitability, solvency, and activity ratios. Knowing which areas your SME needs improvement and where its strengths lie is the key to it becoming sustainable. The most important data source for analyzing a company’s financial condition are its financial statements.
Why is it important for SMEs to keep financial records?
It's important for businesses to keep financial records because it helps you determine your SME's financial situation and you need it to meet tax obligations.
Keeping your company's books current and accurate is the best way to fix your SME's financial health. Financial records, such as updated financial statements, help you manage cash flow and obtain the best prices from suppliers and, of course, the best interest rates from creditors. Remember that the first thing lenders will ask for are audited financial statements and tax returns.
How do I keep accurate financial records of my business?
To keep up-to-date financial records of your business, you might want to hire and retain the services of a bookkeeper, especially if you, the business owner, don’t have the knowledge necessary to balance your books. You may also want to consult tax accountants to find out how to legitimately reduce taxes. These financial experts have the knowledge and experience to help you understand the financial aspects of your company and know which taxes are due and the filing dates of returns.
How can my company reduce financial risks and be more sustainable even in the midst of disaster, like a worldwide pandemic?
So you’ve maintained up-to-date and accurate financial records since the early days of your company, retained the services of an accountant to help you with this and your SME’s cash flow and taxes, now it’s time to seek strategic business support to identify financial risks and help you focus on rebuilding your business.
Working with CreditBPO as a financial technology rating solution will help you to establish a roadmap to better your company’s chances of securing loans, achieving business growth, and efficiently managing finances.
We can help you understand your SME’s financial performance based on professional financial analysis standards, benchmark that performance against similar companies in the same industry, and learn a variety of actionable insights specific to your business. We not only give you an analysis of your company’s finances in 24 hours to 48 hours, we also provide you with an actual roadmap to grow your business.
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