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Why Outsource Background and Credit Checks?

Sue McConnachie   |     Jun 05, 2024

There is a lot of information to consider when deciding whether to screen potential business partners, such as commercial tenants, franchisees, or OEM operators, whether it be in-house or through a third-party screening company.

While it may seem easy enough to screen a prospective business partner, it takes a specific knowledge and expertise to ensure that you are collecting the most valuable information, while also staying compliant throughout the process. 

What can be revealed in a Personal Property Lien search?

Sue McConnachie   |     May 14, 2024

There are many searches and sources of information utilized to comprise a current investigative report for the property manager, creditor, franchisor, or OEM. The Personal Property Lien Registry is one of those sources and can provide a wide range of pertinent information. It is important to remember that the information gathered from this source is not always considered negative, as liens can also be registered in the normal course of business.

Satisfying a Debt Requires Locating Assets, Bank Accounts an...

Sue McConnachie   |     Apr 24, 2024

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.

Available Office Space is Giving Tenants an Upper Hand

Sue McConnachie   |     Mar 28, 2024

Office space vacancies are at their highest point in Canada, in many years. Tenants have had to make decisions regarding what to do with their office space during and following the pandemic.

Do You Really Know Your Prospective Franchisee?

Sue McConnachie   |     Mar 07, 2024

Selecting the right candidates to represent your brand is critical to your operation’s ongoing success. These franchisees will be the face of your company and you need to trust that they will maintain your brand image.

Understanding Comprehensive Prospective Tenant Reporting

Sue McConnachie   |     Feb 12, 2024

As a Property Manager or owner, you want to make the best possible decision when evaluating a prospective tenant in order to reduce risk and increase success. QCR has been North America’s preferred Commercial Credit Reporting Agency specializing in the Property Management Industry for over 3 decades. We developed an investigative approach to reporting, concentrating on providing the industry with a report that combines current, up-to-date and historical information.

This complimentary guide presents the information you receive in our 
Comprehensive Tenant Report. We explain the relevance of the information included, and how to interpret the data, and we offer insight into sections that can be especially helpful in making an informed decision.

Can You Recover Unpaid Rents For Last Year’s Skipped and Del...

Sue McConnachie   |     Jan 30, 2024

During recent economic challenges and uncertainty, the number of Skipped and Delinquent Tenants is on the rise. Being a property manager brings with it the potential for serious risk, liability and consequences at a time when the scales of justice seem tipped in favour of the delinquent tenant. Once a tenant has gone delinquent, property managers must decide whether to proceed with legal action, and after all, if there is minimal probability of recovering the debt, why incur the costs of legal action?

What are the Proposed Changes to Canada’s Current Privacy Le...

Sue McConnachie   |     Sep 27, 2023

In 2022 the federal government introduced a complete overhaul of the private sector privacy laws, designed to regulate an organization’s privacy practices to further protect individual’s personal information. The CPPA will replace the Personal Information Protection and Electronic Documents Act (PIPEDA) which has been in existence since 2001. CPPA is built on the foundation of PIPEDA and its ten fair information principles, but the draft of CPPA proposes changes, some of which include the following:

Assessing OEM Dealers, Operators & Invested Principals

Sue McConnachie   |     May 19, 2023

OEM Commercial Credit Reports collect information that details financial and credit history and provides a risk assessment for prospective dealers, operators, invested principals and/or general managers.

Unlike many reports, an Enhanced Commercial Credit Report goes even further, helping you draw more sophisticated conclusions while identifying any worrisome patterns that could have an adverse effect on your business.

Mitigate Risk – Review our Guide to Franchisee Financial Scr...

Sue McConnachie   |     Feb 28, 2023

As a Franchisor, you want to make the best possible decision when evaluating a prospective franchisee in order to reduce risk and increase success. We can help with that!

This complimentary guide presents the information you receive in our Comprehensive Franchisee Screening Report. We explain the relevance of the information included, how to interpret the data, and we offer insight into sections that can be especially helpful in making an informed decision.

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

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