Fraud in the commercial finance sector is growing. In 2020 alone, as much as £26 billion will have been lost to defaults and fraud just through the Bounce Back Loan Scheme. For brokers, data remains vital for verifying each deal is legitimate – saving 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 an initial 6,000 free search credits for exclusive use by the Association’s membership. Any additional searches over the 6,000 limit will be charged monthly at a cost of just £1.75 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 the NACFB membership.