COSTA MESA, CA — Experian®, a global business solutions company, today announced the launch of Portfolio Monitor — Owner NoticesSM, an online tool that helps credit grantors minimize risks associated with small business loan portfolios by detecting negative payment trends and changes in total indebtedness before they adversely affect profits.
Available only from Experian, the new service provides users with daily alerts when changes are recorded on the accounts of small business owners or guarantors whose credit history may be linked with that of a business. The accounts are monitored for bankruptcies, liens and judgments, major derogatory payment information, new inquiries and trades on file and collection information. Client settings may be customized to filter selected accounts and the types of notices preferred, and messages can be sent automatically via e-mail.
“Our Portfolio Monitor product suite is flexible and easy to use,” said Roger Lisabeth, vice president and general manager of Experian’s Business Information Solutions group. “This tool allows credit grantors to proactively manage their small business portfolios and take steps when the first signs of trouble occur.”
Portfolio Monitor – Owner Notices is the newest addition to Experian’s Portfolio Monitor suite, which also includes Portfolio Monitor – Business NoticesSM, a resource that notifies users of derogatory changes in a customer’s commercial credit profile. Both services are also available via the Internet.
To receive detailed information on these notices, users simply view the Portfolio Monitor Detail reports and/or order a Business Profile report from Experian, which can be delivered via CPU to CPU or the Internet.
About Experian
Experian provides strategic support to organizations around the world. It helps its clients target, acquire, manage and develop profitable customer relationships. It does this by combining its advanced decision support and outsourcing services with information on consumers, businesses, motor vehicles and property. Experian works with more than 40,000 clients across diverse industries, including financial services, telecommunications, healthcare, insurance, retail and catalogue, automotive, manufacturing, leisure, utilities, property, e-commerce and government. Millions of consumers rely on Experian’s consumer credit services to meet their financial management needs. Experian is a subsidiary of GUS plc and has headquarters in Nottingham, UK, and Costa Mesa, California. It has a 175-year history and unbroken sales growth over the past 22 years. Its 13,000 people support clients in more than sixty countries. Annual sales exceed $1.5 billion. For more information, visit the company’s web site on www.experian.com.
