Equifax Plc, the business information provider, has launched eDecision, an online credit application processing and scoring solution aimed at providing businesses with a powerful new tool to help protect against bad debt and fraud. eDecision provides instant online lending decisions and is flexible enough to adapt to changing business needs, ensuring companies can remain competitive in today’s difficult market.
Providing access to both consumer and business data, eDecision has been developed utilising Equifax’s application processing and scoring systems, creating standard templates and business models for all but the most complex of business systems.
For a business score, eDecision utilises the Equifax ScoreCheck and automated credit limit systems, enabling businesses to make fast, reliable and consistent lending decisions whether their customers are consumers or businesses.