Credit Passport: against COVID-19 Company
Entity: Credit Passport
Category: FinTech and Digital Economy
Description: Credit Passport is a product of Crif Realtime Ltd. Is regulated by the FCA and is one of the pioneers of behavioural credit scoring for SMEs. It employs advanced credit algorithms from shareholders Credit Data Research Ltd. and Moody’s Analytics.
Credit Passport has created two powerful new tools for SMEs to navigate the crisis, both available for free:
1. Project: Liquidity shortfall calculator
Summary: The liquidity shortfall calculator allow SMEs to understand how much they may need to borrow to bridge the next 6 months.
2. Project: Pre-Crisis Credit Report
Summary: The Pre-Crisis Credit Report can demonstrate to lenders and other institutions the financial quality before impact, eligibility, and impact of the crisis on the business. The connection lines established from Credit Passport to the selected lenders of this work represent only the functional advantage provided by this company service, and should not be construed as effective use of this service by banking entities in any way.
3. Project: Covid-19 Resource Centre
Summary: The Covid-19 Resource Centre where business owners can find jargon free advice and tools to understand their options and find help.
