Fraud in the commercial finance sector is growing. Now more than ever, it is imperative that brokers carry out effective KYC and AML checks to verify that each deal is legitimate. Getting it right will save time, money, and reputation.

Red Flag Alert’s system allows you to monitor any UK company. With financial data changing every day, the system enables you to track your customers or prospects and be alerted as soon as something changes. The easy-to-use platform also allows you to see your clients’ full credit profiles to assess the risk they may pose to your business.

The NACFB has secured a large tranche of free search credits for exclusive use by the Association’s Members.

Once the tranche has been utilised, additional searches will be charged monthly at a cost of just £2.00 + vat per search – resulting in significant savings for Members.

Red Flag Alert has dedicated a help desk representative and a customer success manager to aid with the training and upskilling of NACFB Members.

Sign-up for free to Red Flag Alert

Red Flag Alert for NACFB

Included in the NACFB offering

  • A large tranche of free search credits for exclusive use by NACFB Members
  • Unlimited access to Companies House documentation
  • Unlimited real-time company monitoring
  • Unlimited Advanced Director report/due diligence checks
  • Unlimited access to financial data visualisation tools
  • Exclusive access to insolvency and bad debt data
  • Unlimited UBO searches
  • Unlimited commercial credit reports on all business profiles

Additional services

Not included in the NACFB offering

– Consumer credit checks – £9 per check on a pay-per-click basis

– Bank account verification and validation – £1 per check on a pay-per-click basis

– Additional AML reports – £2 + vat including PEPs and sanctions