Best Business Credit Search Software in 2024

Leading Business Credit Reporting AgenciesBusiness credit report providers play a vital role in the financial landscape, offering comprehensive insights into the creditworthiness and financial health of companies operating in the UK.

These providers serve as invaluable resources for businesses, lenders, suppliers, and investors, offering a detailed analysis of a company’s credit history, payment behavior, public records, and industry comparisons.

By delivering accurate and up-to-date information, business credit report providers empower decision-makers with the knowledge they need to make informed choices, mitigate risks, and forge successful partnerships.

With their expertise and extensive databases, these providers offer a valuable tool for navigating the complex world of business credit evaluation and ensuring sound financial decisions via their credit search software.

What is a Business Credit Report?

A business credit report is a comprehensive document that provides detailed information about the creditworthiness and financial standing of a company. It serves as a crucial tool for assessing the financial health and risk associated with conducting business transactions with a particular entity.

Business credit reports typically include data on the company’s payment history, credit utilisation, outstanding debts, public records, legal filings, and industry comparisons. They may also feature ratings and scores that indicate the company’s creditworthiness, such as credit ratings or risk assessments.

By analysing this information, lenders, suppliers, and other business partners can evaluate the likelihood of a company repaying its debts, honouring its financial commitments, and managing its financial obligations responsibly. The reporting plays a vital role in facilitating informed decision-making, managing risks, and establishing mutually beneficial relationships in the business world

What is a Credit Rating?

A credit rating is an assessment of the creditworthiness and risk associated with lending money or extending credit to an individual, company, or government entity. It is a numerical or alphanumeric representation provided by credit rating agencies that evaluates the borrower’s ability to meet its financial obligations.

Credit ratings are based on a comprehensive analysis of various factors, including the borrower’s payment history, debt levels, financial stability, industry outlook, and economic conditions. The ratings typically range from AAA (highest credit quality) to D or default (lowest credit quality).

These ratings help lenders, investors, and other stakeholders gauge the likelihood of timely repayment and the overall risk involved in lending to a particular entity.

A higher credit rating indicates a lower risk of default, while a lower rating suggests a higher risk. Credit ratings are an essential tool in financial markets as they enable informed decision-making and help manage risks associated with lending and investment activities.

While companies may have access to the same information, including:

  • all financial data,
  • company size,
  • industry characteristics,
  • regional specifics,
  • corporate structure,
  • county court judgments (CCJs),
  • mortgages,

it is the expertise of the credit rating agency that enables them to effectively evaluate and interpret this information. By considering these factors and assigning a credit score, credit rating agencies provide valuable insights for lenders, investors, and other stakeholders, enabling them to make informed decisions when it comes to credit extensions, investments, and collaborations

Why Due Diligence Matters

The impact of delayed payments from clients can have far-reaching consequences on your business, affecting your ability to meet supplier obligations and disrupting short and medium-term planning, regardless of how well you manage your company’s finances.

To sustain a healthy business, offering trade credits to clients is essential, but it comes with inherent risks in assessing their trustworthiness to minimize potential losses. This is where the significance of due diligence comes into play.

Conducting a thorough check to assess and continuously monitor the creditworthiness of your business partners becomes crucial, particularly for those prone to financial fluctuations and trade disruptions. By doing so, you can protect your business from potential financial and legal issues while saving valuable time and money that could otherwise be wasted chasing overdue payments.

Additionally, it is equally important to conduct due diligence on your suppliers. Neglecting to verify the trustworthiness of suppliers can leave you vulnerable to shortages if one of them goes out of business, necessitating the immediate search for alternative sources that can provide the same capacity and quality. Even a single day of disrupted business operations can have severe consequences, particularly in light of the ongoing global supply chain challenges.

When conducting due diligence on a new company, it can be challenging to assess its reliability due to limited information. However, one effective approach is to investigate the director’s background. Even if the new company appears reliable, if the director has a history of being associated with multiple insolvent companies, you can proactively mitigate the risk before it becomes a significant concern.

In the realm of business, relying on factual information rather than blind trust is always advisable. Utilising tools such as due diligence allows you to gain valuable insights into potential partners, safeguarding the interests and stability of your company

Leading Business Credit Reporting Agencies

Here are the leading business credit reporting agencies in the UK: 

1. Reflag Alert 

Redflag Alert stands as the sole independently owned credit referencing agency in the UK, boasting a remarkable 25 years of experience in the field of business intelligence. With a vast network of over 9,000 UK business users, they have established themselves as a trusted partner for businesses across various industries.

Their extensive database comprises information on over 15 million businesses, which undergoes more than 180,000 daily updates, ensuring up-to-date and accurate data. One of the key offerings of Redflag Alert is their cloud-based business intelligence software. This powerful tool empowers clients to embrace a data-driven approach by providing comprehensive information and real-time updates. T

his wealth of information enables clients to make informed decisions regarding sales strategies, credit risk assessment, compliance, and overall business management. By leveraging this software, businesses gain valuable insights that facilitate better decision-making and enable early risk management.

Redflag Alert sources their data from market-leading data owners and supplements it with their own proprietary AI-powered algorithms.

Search limited and non-limited UK businesses

✔️ Full company reports

✔️ Growth score

✔️ International search

✔️ Live updates

✔️ Portfolio monitoring system

✔️ Digital KYC, AML & PEPS and Sanctions checking

✔️ CRM integration 

This combination ensures that the data is enriched and offers unique insights into both UK and international companies. With their expertise in data analysis and advanced algorithms, Redflag Alert delivers high-quality and actionable information, equipping businesses with the knowledge they need to navigate the complex landscape of credit risk and make informed business choices.

Pros of Redflag Alert’s search software:

    1. Comprehensive Business Intelligence: Search software provides users with a wealth of comprehensive business intelligence. The software delivers in-depth information, real-time updates, and unique insights on UK and international companies. This enables users to make informed decisions, assess credit risks, identify sales opportunities, and stay updated on business compliance.
    2. Data-driven Decision Making: By utilising Redflag Alert search software, businesses can become more data-driven. The software empowers users to leverage accurate and up-to-date information, enabling them to make better business decisions. This data-driven approach helps mitigate risks, optimize sales strategies, and enhance overall operational efficiency.
    3. Cloud-based Convenience: Their software is cloud-based, offering users the flexibility and convenience of accessing information anytime, anywhere. This allows businesses to stay connected and make crucial decisions on-the-go, increasing efficiency and productivity.

Cons of Redflag Alert’s search software:

  1. Learning Curve: As with any sophisticated software, there may be a learning curve associated with using Redflag software. Users may require some time and training to fully understand and maximize the software’s features and functionalities.
  2. Cost Considerations: Redflag, like any premium business intelligence tool, may come with associated costs. Businesses should assess their budget and determine if the investment aligns with their needs and financial capabilities.
  3. Reliance on Data Accuracy: While Redflag Alert strives to provide accurate and up-to-date information, the reliability of the software is dependent on the quality and accuracy of the underlying data sources. Users should exercise due diligence and verify the information obtained through the software to ensure its accuracy before making critical business decisions.

It’s important to note that these pros and cons are general considerations and may vary depending on specific business needs and circumstances. It’s recommended to thoroughly evaluate the software and its suitability for your organisation before making a decision.

2. Experian

Experian, a global leader in consumer and business credit reporting, has established itself as a prominent player in over 100 countries.

Their reputation is reflected in their inclusion on the UK’s prestigious FTSE index. Experian takes pride in their commitment to assisting individuals in achieving financial control and accessing essential services, while also supporting businesses by providing valuable information for data-driven decision-making.

A core focus of their mission is to alleviate the burden of responsibility for lenders and combat crime and fraud. One of Experian’s strengths lies in their continuously updated database, ensuring convenience and accuracy for their clients.

Their website offers comprehensive information on businesses, encompassing key details such as background information, financial data, credit scores, and risk factors. In addition to these essential features, Experian provides a range of tools and data to further assist their clients in making informed decisions. Some of these include:

  1. Business Credit Reports: Experian offers detailed credit reports that provide comprehensive insights into a company’s creditworthiness, payment history, and overall financial health. These reports serve as valuable tools for assessing the risk associated with potential business partners or clients.
  2. Fraud Prevention and Identity Verification: Experian provides solutions to combat fraud and verify identities, helping businesses mitigate risks associated with identity theft, fraudulent activities, and unauthorized transactions.
  3. Data Analytics and Decision-Making Tools: Experian equips businesses with advanced analytics and decision-making tools that leverage their vast database. These tools enable clients to gain valuable insights, identify trends, and make data-driven decisions that can drive business growth and success.

Experian’s commitment to delivering reliable credit data and supporting both individuals and businesses in financial matters has positioned them as a trusted partner in the credit reporting industry. Their comprehensive database and range of tools empower clients to make informed decisions, manage risks, and safeguard their financial interests.

Pros of Experian’s business software:

  1. Extensive Data and Insights: Experian’s business software provides access to an extensive database of business information, including background details, financial data, credit scores, and risk factors. This wealth of data allows businesses to gain valuable insights and make informed decisions when assessing potential business partners, managing credit risks, and planning business strategies.
  2. Fraud Prevention and Security: Experian offers robust fraud prevention and security features in their business software. With advanced identity verification and fraud detection capabilities, businesses can mitigate the risks associated with fraudulent activities, protect against identity theft, and safeguard their financial transactions and sensitive information.
  3. Data Analytics and Decision-Making Tools: Experian’s business software includes data analytics and decision-making tools that enable businesses to leverage the power of their data. These tools help in identifying trends, forecasting future performance, and making data-driven decisions that can drive business growth, optimize credit management, and enhance overall operational efficiency.

Cons of Experian’s business software:

  1. Cost Considerations: Experian’s business software is a premium service, and the associated costs may be a consideration for some businesses, especially smaller or budget-conscious organizations. It is important for businesses to evaluate their specific needs and budgetary constraints before investing in the software.
  2. Learning Curve and Training: The utilisation of Experian’s business software may require some training and a learning curve for users who are unfamiliar with the platform or advanced credit reporting tools. Adequate training and support may be necessary to maximize the software’s potential and ensure efficient utilization.
  3. Reliance on Data Accuracy: Like any credit reporting and business intelligence tool, the accuracy and reliability of the data provided by Experian’s software depend on the quality and integrity of the underlying data sources. Businesses should exercise due diligence and verify the information obtained through the software to ensure its accuracy and make sound business decisions.

It is important to note that these pros and cons are general considerations and may vary depending on the specific needs and circumstances of each business. It is recommended that businesses evaluate the software thoroughly, considering their requirements, budget, and data reliability before making a decision.

3. Dunn & Bradstreet (D&B)

Dun & Bradstreet’s impressive website asserts that their database is home to an astounding collection of over 500 million business records, showcasing their dominance in the industry. With a global reach spanning over 200 countries and drawing from an extensive network of 30,000+ data sources, Dun & Bradstreet stands as a frontrunner in providing comprehensive business information.

D&B excels in offering extensive business credit reports, ensuring clients have access to a wealth of valuable insights. Through their analytics and in-depth company data, businesses can effectively assess the creditworthiness of the entities they analyze.

These reports go beyond the basics, encompassing vital details such as trade payment history, operational intelligence, payment terms, past trade payment performance, lawsuits, and more. This breadth of information empowers clients to make informed credit decisions and gain a deeper understanding of the risks associated with potential business partners.

Highlighted among the array of data provided by Dun & Bradstreet are several key elements. First and foremost are their credit scores and ratings, which are derived from meticulous assessments of past performance and future estimations. Additionally, their viability rating feature is invaluable for evaluating a business’s existing and projected financial health, offering vital insights into its overall stability and performance.

With Dun & Bradstreet’s commitment to comprehensive business intelligence, clients can confidently navigate the complex landscape of credit assessment, armed with the extensive and detailed data provided by their services.

Pros of Dun & Bradstreet’s business software:

  1. Extensive Global Coverage: Dun & Bradstreet boasts a vast database comprising over 500 million business records with global coverage from 30,000+ data sources across more than 200 countries. This extensive coverage provides businesses with access to a wide range of information, facilitating comprehensive analysis and decision-making on a global scale.
  2. In-depth Business Credit Reports: Dun & Bradstreet’s business software offers detailed credit reports that provide clients with valuable insights into a company’s creditworthiness. These reports encompass various factors, including trade payment history, operational intelligence, payment terms, past trade payment performance, lawsuits, and more. This comprehensive information helps clients assess the risk associated with potential business partners and make informed credit decisions.
  3. Advanced Credit Analytics: Dun & Bradstreet’s software provides sophisticated credit analytics tools that go beyond basic credit scores. The software offers credit scores and ratings based on past performance and future estimations, allowing businesses to assess the creditworthiness of entities more accurately. Additionally, the viability rating feature helps evaluate a business’s existing and expected financial health, providing further insights into its overall stability and performance.

Cons of Dun & Bradstreet’s business software:

  1. Pricing and Cost Considerations: Dun & Bradstreet’s business software is a premium service, and the associated costs may be a consideration for some businesses. The pricing structure may vary based on the level of access and features required, potentially making it less accessible for smaller or budget-conscious organizations.
  2. Learning Curve and Training: Utilising Dun & Bradstreet’s business software may require some training and familiarity with advanced credit analysis tools. Users who are new to the software or credit reporting industry may experience a learning curve when navigating and maximizing the software’s functionalities.
  3. Reliance on Data Accuracy: While Dun & Bradstreet strives to provide accurate and reliable data, the accuracy of the information is dependent on the quality and integrity of the data sources used. Businesses should exercise due diligence and verify the information obtained through the software to ensure its accuracy and reliability for making critical business decisions.

It is important to note that these pros and cons are general considerations and may vary based on the specific needs and circumstances of each business.

Businesses should conduct a thorough evaluation of the software, considering their requirements, budget, and data reliability, before making a decision.

4. Creditsafe

Creditsafe, a leading global provider of business intelligence solutions, specializes in business credit checking and comprehensive B2B solutions. With their commitment to delivering superior business data, they have revolutionized the way business information is utilised worldwide.
As the most widely used provider of online business credit reports, Creditsafe offers credit information on over 365 million businesses globally, ensuring the most accurate and up-to-date information in a user-friendly format for businesses of all sizes.

Their credit scores and limits are highly trusted in the industry, endorsed by major credit insurers, and can predict a significant percentage of insolvencies up to 12 months in advance. Creditsafe’s investment in developing the world’s most predictive scorecard empowers their clients to proactively identify potential risks and take necessary measures to safeguard their businesses.

Their company credit reports are designed to be accessible to everyone, regardless of their financial background, contributing to their impressive 95% customer retention rate.

With a widespread presence across 25 offices in 14 countries, Creditsafe provides instant access to company credit reports in over 160 countries worldwide, ensuring comprehensive coverage for businesses operating on an international scale

Pros of Creditsafe search software:

  1. Extensive Global Coverage: Creditsafe offers a wide-reaching search software that provides access to credit information on over 365 million businesses worldwide. This extensive coverage ensures that businesses can assess the creditworthiness of potential partners and customers across various countries and regions, enabling informed decision-making in international business transactions.
  2. Accurate and Up-to-Date Information: Creditsafe is committed to delivering accurate and up-to-date data, providing businesses with reliable insights into the financial health and stability of companies. Their continuous data updates ensure that users have access to the most current information, enabling them to make well-informed credit decisions and mitigate risks effectively.
  3. User-Friendly Interface: Creditsafe’s search software is designed to be user-friendly, making it accessible to individuals within a business, regardless of their financial background. The simplified interface and easy-to-understand reports allow users to navigate and interpret the credit information with ease, facilitating efficient credit assessments and reducing the learning curve associated with financial analysis.

Cons of Creditsafe search software:

  1. Pricing Structure: The pricing structure of Creditsafe’s search software may be a consideration for some businesses, particularly smaller or budget-conscious organizations. As a premium service, the cost of access and features may vary based on the level of subscription and usage requirements. Businesses need to evaluate their specific needs and budgetary constraints before committing to the software.
  2. Limitations in Data Depth: While Creditsafe provides extensive credit information, including credit scores, limits, and financial data, there may be limitations in the depth of data provided for certain companies or regions. The availability and completeness of information may vary based on the availability of data sources and reporting requirements in different jurisdictions.
  3. Reliance on Credit Ratings: Creditsafe’s search software heavily relies on credit ratings and scores to assess the creditworthiness of businesses. While these ratings are helpful indicators, they may not provide a complete picture of a company’s financial health or potential risks. It is important for businesses to supplement the credit ratings with other relevant information and conduct thorough due diligence when making critical credit decisions.

It’s worth noting that these pros and cons are general considerations and may vary based on the specific needs and circumstances of each business.

5. Equifax

Equifax, with its vast and detailed consumer and business data in the UK, offers invaluable insights to drive businesses forward and facilitate consumer access to desired products and services. With over 120 years of experience, Equifax has gained the trust of clients who rely on its expertise to thrive in an increasingly competitive marketplace.

What sets Equifax apart is the emphasis it places on building personal relationships with clients, a key factor cited by clients as a reason for their satisfaction with the company. Equifax boasts a unique capability in the UK to cater to the entire customer journey. By combining Equifax credit referencing services with TDX Group’s expertise in debt services for the private and public sectors, Equifax offers a comprehensive suite of solutions.

The company has a history of collaborating closely with clients, helping them navigate and derive meaning from data, whether it is their own or Equifax’s. By uncovering intricate connections, Equifax enables organizations to make informed decisions that drive business performance, better understand their most valuable customers, and unlock the potential value in their customer base.

Equifax also plays a vital role in fraud prevention, regulatory compliance, and empowering consumers to protect their identities and access credit. Their ultimate goal is to bring its clients closer to their customers, driven by the belief that there is a world beyond simple “Yes” and “No” answers.

Their knowledge as the catalyst for progress and leverages its position as a global data, analytics, and technology company to empower financial institutions, companies, employers, and government agencies to make critical decisions with greater confidence. By harnessing a unique combination of differentiated data, advanced analytics, and cloud technology.

Headquartered in Atlanta and supported by a dedicated workforce of over 13,000 employees worldwide, it has investments in 25 countries across North America, Central and South America, Europe, and the Asia Pacific region. Equifax Ltd, based in the UK, is one of the Equifax group companies and is authorised and regulated by the Financial Conduct Authority, ensuring compliance and adherence to industry standards

Pros of Equifax:

  1. Vast Data Resources: Has access to extensive consumer and business data, allowing them to provide deep insights and analytics. Their rich data resources enable clients to make informed decisions, identify patterns and trends, and gain a comprehensive understanding of their target markets.
  2. Global Presence: With operations in 25 countries across multiple regions, Equifax offers global coverage and expertise. This global presence allows them to cater to the needs of clients operating on an international scale and provide insights into various markets, regulatory environments, and consumer behaviors.
  3. Comprehensive Solutions: Offers a wide range of solutions and services, including credit reporting, fraud prevention, regulatory compliance, and identity protection. Their comprehensive approach helps businesses across different industries address multiple challenges, streamline operations, and mitigate risks effectively.

Cons of Equifax:

  1. Data Breach Incidents: Has faced data breach incidents in the past, where sensitive information of millions of individuals was compromised. These incidents raise concerns about data security and privacy, and can potentially erode trust in the company’s ability to protect confidential information.
  2. Dependency on Credit Data: Heavily relies on credit data and credit reporting services, which may limit the scope of insights and analytics they provide. Businesses looking for more diverse or industry-specific data may find Equifax’s offerings less comprehensive compared to specialized data providers.
  3. Pricing and Accessibility: Services may be cost-prohibitive for smaller businesses or individuals with limited budgets. The pricing structure may pose challenges for those seeking access to Equifax’s comprehensive data and analytics. Additionally, certain services or data sets may be restricted to specific client segments, limiting accessibility for certain users.

It’s important to note that these pros and cons are general considerations and may vary based on the specific needs and circumstances of each business or individual.

It is recommended that potential clients evaluate Equifax’s offerings, pricing, and data relevance to their specific requirements before making a decision.

Frequently asked questions

What is the best website to check business credit?

The best website to check business credit are: Reflag Alert, Dun & Bradstreet, Equifax Business and Experian Business are the major agencies tracking business credit scores, but checking their reports will cost you. It's worth keeping track of your business credit scores though, especially if you're thinking about applying for a business loan in the near future.

Is there a way to check business credit score?

Yes, there is a way to check business credit score for free with Dun & Bradstreet's CreditSignal package, which includes alerts for score changes and business credit inquiries.

What credit bureau do most business use?

The credit bureau most business use is Dun & Bradstreet, Experian, and Equifax and Reflag Alert in the UK. The smaller credit reporting agencies used today vary by the industry of the business, or by who is interested in the creditworthiness of the business.


In conclusion, the best Business Credit Report Providers in the UK encompass a range of reputable companies such as Experian, Dun & Bradstreet, Red Flag Alert, and Creditsafe. These providers offer extensive databases, global coverage, and sophisticated algorithms to deliver accurate and up-to-date business information.

Equipped with their comprehensive credit reports, analytics, and risk assessment tools, businesses can confidently assess the creditworthiness of their partners, make data-driven decisions, manage risk effectively, and protect their financial interests.

These providers play a crucial role in supporting businesses and individuals in navigating the complex landscape of credit and financial management, ultimately enabling them to thrive in today’s competitive market.

Insolvency & Restructuring Expert at Business Insolvency Helpline | + posts

With over three decades of experience in the business and turnaround sector, Steve Jones is one of the founders of Business Insolvency Helpline. With specialist knowledge of Insolvency, Liquidations, Administration, Pre-packs, CVA, MVL, Restructuring Advice and Company investment.