Creditsafe expands International Database to provide key insights to complex South American marketplaces

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Feb 19, 2018, 09:00 ET

ALLENTOWN, Pa., Feb. 19, 2018 /PRNewswire/ -- Creditsafe USA, the global business intelligence experts, announced today it has extended its global database to include vital information on private and public companies across the seemingly daunting South American markets of Colombia, Ecuador and Venezuela.

"While these countries are too often popularly portrayed as difficult, worrying or even downright scary, they all represent great export markets for American companies" said Matthew Debbage. President of Creditsafe's American and Asia-Pacific operations. "In fact, they represent more than $38 billion worth of exports and the federal government estimates that in excess of 225,000 jobs here in the US rely on trade with these important markets. Colombia is our 22^nd largest export market for goods in total and the 12^th largest market for agricultural products. However, for far too long businesses have been denied access to key information on possible business partners in this region leaving them unprepared when it comes to assessing both risk and opportunity."

"I am delighted that we have now added these key markets to our instant online offering which will give our customers immediate access to data on nearly 230,000 public and private companies. In addition, this information will be added instantly free of charge to all existing customers' product packages enabling them to know who they are dealing with and letting them make better decisions when they find business openings in these markets"

"By adding in these countries we are significantly enhancing our global offering and giving our customers information they can rely on in a format they can easily access at no extra cost" added Debbage.

Creditsafe's global database is one of the most rapidly expanding in the industry and also one of the most comprehensive. It is updated over a million times a day with information gathered from over 200 sources. In 99.9% of the cases, reports requested by customers are delivered instantly online. And, over 40% of Creditsafe's customers leverage the company's internationally reporting capabilities.

Creditsafe offers customers freedom and open access to information and ratings on companies in virtually every industry in almost every country on earth. Each day over 200,000 users around the world leverage the company's database to make more than 450,000 business decisions. Currently, Creditsafe has 14 offices around the world and maintains the only truly global international database of online credit information.

About Creditsafe: Creditsafe is the world's leading provider of global business intelligence. Privately owned and independently minded, Creditsafe is looking to change the way business information is used by providing high quality data in an easy to use format that everyone in an organization can benefit from.

Founded in Norway in 1997, Creditsafe has offices in countries all over the world including: the UK, Germany, France, Sweden, Ireland, Italy, Belgium, the Netherlands and the United States. Globally, The Creditsafe Group employs over 1,200 people and has more than 100,000 subscription customers. Five years ago, The Creditsafe Group opened offices in the US under the name Creditsafe USA, Inc. Its U.S. operations are headquartered in Allentown, PA. Nearly 10,000 companies in the U.S. use its credit reports, ranging from small businesses to large, global organizations including Staples, Ryder and Nestle. For more information about Creditsafe, please visit www.creditsafe.com.