<img height="1" width="1" style="display:none;" alt="" src="https://dc.ads.linkedin.com/collect/?pid=121315&amp;fmt=gif">

Your Guide to Interpreting Key Commercial Tenant Credit Info...

Sue McConnachie   |     Feb 04, 2020

Property Managers want to make the best possible decisions to reduce risk and increase success when evaluating tenants. Up-to-date financial and credit information about prospective tenants, renewal tenants, acquisition tenants, or skipped / delinquent tenants, is essential.

We're pleased to share with you a new ebook, "Your Guide to Commercial Tenant Credit Reports", providing an overview of the 16 sections contained in our Comprehensive Tenant Reports.

How to Reduce Your Tenant Risk? Download This eBook for Prop...

Sue McConnachie   |     Jan 22, 2020

The current real estate market has brought more people and businesses into the property management sector to take advantage of the up-side of the investment. But like all investments, you need to be prepared and ready to mitigate any risks, liabilities, and consequences.

One of the best ways to mitigate these risks and protect your investment is to ensure you have chosen the best tenant for your listing at the outset, using an in-depth commercial credit report.

The Importance of Financial Qualification For Prospective Fr...

Sue McConnachie   |     Dec 30, 2020

Franchising is an excellent way to grow your company, but if done incorrectly, can have detrimental effects on your brand, your business and your bottom line.

That’s why taking the time to thoroughly screen your franchisee candidates is critical to any franchisor’s success. Without a comprehensive screening process, you will quickly see your resources move from business growth and planning, to quality control, dispute management, and perhaps even litigation.

Choose Investigative and Current Credit Information – Learn ...

Sue McConnachie   |     Dec 19, 2019

Assessing your risk using investigative-style reporting will offer valuable insights that cannot be obtained through traditional historical database reports.

While both investigative and database approaches will help you and your company evaluate risk for potential business partners - including suppliers, manufacturers, customers, partners, prospective tenants, franchisees - the two methods of credit reporting differ in many ways.

Pre-Employment Background Screening – The Effective Way

Sue McConnachie   |     Nov 29, 2019

Pre-employment screening is the best way to ensure that you are employing the most suitable people for your company. Not only will it help improve employee morale, by effectively matching each candidate to the appropriate job, it will also improve productivity and reduce turnover.

Land Title Sub-Search - An Important Piece of a Credit Repor...

Sue McConnachie   |     Nov 15, 2019

There are many searches and sources of information utilized to comprise a current investigative report for the property manager, creditor, franchisor, or OEM. A land title sub search is one of those sources and can provide a range of pertinent information. Results can assist in confirming ownership, in what is often an individual’s primary asset.

Commercial Acquisition Due Diligence – Discover the Credit H...

Sue McConnachie   |     Oct 31, 2019

When working in real estate advisory or the commercial property investment industry, due diligence is critical to a successful purchase. This is especially true when it comes to assessing the value and quality of an existing commercial tenant base and the future income stream of the property.

Go one step further. Look beyond the past performance of the existing tenants, as it is not always a reliable indicator of future performance.

Debt Recovery - You Need Assets to Satisfy a Judgment

Sue McConnachie   |     Oct 17, 2019

You need the best information possible prior to launching a legal action against a debtor or attempting to enforce a judgment. The defendant’s financial worth will significantly impact the likelihood of recovery.

Obtain the accurate picture of the defendant’s circumstances so that you will know if the legal costs incurred are going to be justified by successful collection. Guesswork is risky for the outcome and unnecessary. Take the extra step by using Quality Credit’s Asset Accumulation Report and make an informed decision regarding next actions.

Assessment of Risk at Renewal - Be Aware of Changes in Your ...

Sue McConnachie   |     Oct 01, 2019

A change in corporate status, increased debt, defaulting with the Canada Revenue Agency and creditors, decreased liquidity, delinquent activity, a change in the corporate name or in the jurisdiction in which your tenant can do business - these are just some of the many changes that could occur from the time your tenant signed their original lease to the time they sign their renewal.

Being unaware of these changes could be detrimental to your continued success in property management.

That is why you need to treat each renewal tenant as you would a prospective tenant, screening them prior to renewing.

Approve Your Commercial Prospective Tenant with a Comprehens...

Sue McConnachie   |     Sep 13, 2019

Commercial credit reports help you assess risk so you can make an informed decision. They also offer a number of benefits to businesses.

Commercial credit reports help you evaluate companies, including corporations, partnerships, and sole proprietorships, as well as individuals, such as officers, directors, business owners, prospective partners, and consumers, across a variety of industries.

    Quality Credit Reporting is North America’s premiere credit reporting agency, committed to providing unparalleled, high-quality reports and services.

    Subscribe to Our Blog