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EQUIFAX LAUNCHES FINDOUT
Providing instant access to online business reports,
complete with business educationlibrary

Leading information provider, Equifax is bringing to UK businesses a powerful new tool with the launch of its new online business reports service, Findout. Developed with SMEs, new start-ups and professional service providers such as accountants and solicitors in mind, Findout offers instant access to a wealth of commercial information to help them make informed business decisions. Using Equifax’s extensive database on over 4 million companies and businesses, Findout provides knowledge, power and protection at the click of a button.

Findout is fast and easy to use and offers a range of reports providing an unmatched level of credit and financial information. In addition, Findout offers a unique, comprehensive and free business education facility, providing detailed information on a range of subjects from balance sheets and company accounts, to explanations of business terminology and advice on how to avoid fraud.

What’s more, Findout offers a free search facility, for a quick and easy way to check that a company, business or director exists.

Avoiding Bad Debt

Avoiding bad debt is crucial to the success of all businesses, but for the smaller company or business it is even more essential to make sure that their customers will be able to pay them. Through Findout, businesses can quickly and easily check the financial standing of their customers online and thereby protect themselves against bad debt. In a single report, businesses can have access to detailed and essential information on their existing and prospective customers, including company identification information, capitalisation, credit profile and financial analysis. Findout also offers a free Company ID Search and Company Officer Search, providing an instant and simple means of getting vital information.

In addition, businesses can use Findout to check their own credit standing - of particular benefit to start-ups looking for trade credit - and make sure there is no information registered against their business that they are not aware of.

Fighting Fraud

Findout offers businesses protection from the growing threat of fraud. With fast, online access to details on directors and shareholders and information that will help them to establish the legal identity of a company, businesses can ensure that they are dealing with reputable organisations. This can also help businesses take essential steps towards compliance with anti-money laundering guidelines.

Easy & Convenient to Use

In addition to the range and depth of information offered, Findout is quick and easy to use. Reports can be bought by credit card following a simple registration procedure and there is no need for monthly subscriptions or bulk buying, so businesses can conduct one off checks as and when they need them.

Michael Shannon, Managing Director, Equifax comments: "At Equifax we have a thorough understanding of the risks and pressures that face all businesses today, especially SMEs, new start-ups and providers of professional services. We have developed Findout to empower businesses and help them effectively manage risks, enabling them to operate efficiently, safely and profitably. The range and depth of our data, together with our experience and expertise in business information and financial analysis, means that we can provide businesses with the power and knowledge they need to make informed and intelligent business decisions."

For a range of businesses, from business owners wishing to avoid bad debt, accountants and solicitors needing to authenticate their clients, to estate agents letting commercial properties, Findout offers a quick, easy and effective way to manage their business interests.

To access Findout, login to www.findoutinfo.com

* Ends *
November 2003