CreditorWatch

CreditorWatch is an Australian credit reporting agency that manages the credit of all commercial businesses in Australia. It is a subscription based commercial company.

CreditorWatch aggregates data from a Range of sources That include Australia’s corporate regulator Australian Securities & Investments Commission (ASIC), ABR ( Australian Business Register ), short, small claims courts, magistrate courts as well as opposing CreditorWatch data provided by users.

Business credit analyst, credit analyst, credit analyst, credit analyst, credit analyst [1] CreditorWatch also allows small businesses to expose customers who have failed to pay their invoices on time. [2] [3] CreditorWatch is an ASIC-approved information broker

History

CreditorWatch was founded in October 2010 by entrepreneur, Colin Porter. The company officially launched on January 15th, 2011 afterwards a recognition and coverage on Australia’s Nine Network television program A Current Affair (Australia) . [4] Although initially self funded, CreditorWatch secured an undisclosed amount of venture capital from Nightingale Ventures in January 2012.

CreditorWatch’s current Board of Directors consists of Colin Porter and Lindsay Phillips.

In May 2013, CreditorWatch launched Money in Business as a source of news, information, advice and expertise on attaining and giving finance.

References

  1. Jump up^ Credit website helps you dodge bad debt, by Will ArnottThe Australian Financial Review17 February 2011.
  2. Jump up^ Naming and shaming bad debtors, by Alexandria Cain,The Sydney Morning Herald, 2 March 2011.
  3. Jump up^ CreditorWatch likes to ward off late payers, by Michelle Hammond,StartupSmart, November 5, 2010.
  4. Jump up^ Name and shame website,A Current Affair, went to air 19 January 2011.

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