Company rating
Automate your B2B credit assessment process to improve customer experience and reduce risk
- Credit rating and limit recommendation
- Enhance your customer onboarding process
- Remove manual assessments to save time
Use cases
Find out how financially solid your prospects, clients, partners or suppliers are.Risk assessment
Streamline your risk assessment process and automatically eliminate prospects who are considered high-risk.
With our API you can automate time-consuming, manual risk evaluations!
Due Diligence
Conduct extensive background checks and due diligence processes.
Make sure you know all about the company you are looking to engage in a relationship with.
Credit Applications
Automate credit applications for corporate loans or your customer onboarding process.
Improving your customer journeys, while saving your admin team a lot of headache and time.
Availability
Company rating is available to use in the following Roaring products:
“With Roarings services we can work proactively with customers, confirming potential changes immediately, and help customers steer clear of fraud or irregular activities.”
Emelie Magnusson
Technical details
Company rating and credit limits
Rating
The scoring model has an assessment scale of 1-100, divided into five risk intervals, where each increased score (points) means a reduced risk. The rating forecasts the probability of insolvency within 12 months.
Rating interval | Category |
---|---|
80 – 100 | Very low risk |
60 – 79 | Low risk |
40 – 59 | Medium risk |
15 – 39 | High risk |
1 – 14 | Very high risk |
Limit
The limit is a benchmark that calculates the total outstanding credit amount that a company may have outstanding to all suppliers at one time. The limit is calculated on the basis of the company's turnover depending on the rating interval.
80-100 – limit is max 6 % of the turnover.
60-79 – limit is max 5 % of the turnover.
40-59 – limit is max 4 % of the turnover.
15-39 - limit is max 0,4 % of the turnover.
Try our free sandbox experience to get started, including:
- Docs, guides & support
- Test objects for every API
- Try-API-feature to see response data & structure
- Available in Postman
Example response:
{ "commentary": "", "companyId": "5565002465", "creditLimit": 225000, "currency": "sek", "rating": 65, "ratingText": "Low risk", "riskPrognosis": "0,1182", "status": { "code": 0, "text": "rating found" } }