Credit Opinion Report
The times when credit decisions were based on gut feeling alone are now gone for good. The Credit Opinion Report makes credit decisions easier and answers the question of if and how much should a company be granted credit.
The Credit Opinion Report contains a brief assessment of the company’s business situation, a rating, the probability of insolvency and the recommended credit limit. The report is a practical tool for the establishment of credit limits for new and existing customers.
Credit Opinion Report is available in Estonian and English.
View the sample (pdf).
- Contact information, status and age of the company
- Credit recommendation
- Creditinfo Rating
- Recommended credit limit
- Probability of insolvency
- Members of the management board and regulations of their rights of representation
- Registered fixed capital
- Main activity
- Value added tax identification number
- Overview of tax arrears and payment defaults of the previous year
- Summary of the business and financial situation of the company
The Credit Opinion Report contains the company’s creditworthiness assessment which consists of three elements: the Creditinfo Rating, the probability of insolvency and the recommended credit limit. The Creditinfo Rating and the probability of insolvency are assessment elements which measure the company’s capability to pay back its credit in the future. The calculation of the probability of insolvency includes the following data on the company: The probability of insolvency provides a clear explanation of whether any minor arrears of the company are purely incidental (e.g., arising from negligent payment discipline) or the company suffers from a so called snowball effect where the amount of credit is increased to pay off old debts. The probability of insolvency establishes the following requirements to the credit worthiness of a company: