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The Importance of Knowing Your Credit Profiles

The Importance of Knowing Your Credit Profiles in the Manufacturing and Engineering Industry

The manufacturing and engineering industry has faced various challenges in recent years, including financial uncertainty and evolving market landscapes. A key barrier to growth is the limited availability of favourable credit terms and opportunities for businesses operating in this sector. 

Recognising this, Lightbulb Credit has revolutionised how companies approach their credit profiles, equipping businesses with bespoke solutions and expert guidance.

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Since 2018, Lightbulb Credit has added 1.5 billion pounds to clients’ balance sheets. It is the only company in the UK that provides data and insights on your business credit profiles from each major trade credit rating agency:

  • Experian
  • Creditsafe
  • Equifax
  • Dun & Bradstreet 
  • Red Flag Alert.

James Piper, the founder of Lightbulb Credit explained, “If you own a manufacturing or engineering business, having strong credit profiles is critical to your success. Your credit profiles will impact supplier terms, the success of tendering for work and the ability to raise finance, lease equipment and more. Lightbulb

Right now, your credit profiles are used to reflect your financial health and credibility in the market, don’t underestimate its power. Prioritise understanding and improving your credit profiles to benefit from a strategic advantage in the manufacturing and engineering market.”

Lightbulb Credit offers three main solutions for manufacturing and engineering businesses:

Free Company Credit Insight

Businesses can request a free and unique report that shares key personalised data from all of the UK’s major credit rating agencies. The report outlines credit profiles, and how these have changed within the last 12 months. 

Credit Improvement 

If the report identifies areas for improvement, they offer a risk-free service that can improve your credit profiles in as little as 72 hours. With “success fee” based proposals available, you won’t need to pay a penny if Lightbulb Credit cannot help. 

Credit Monitoring

Lightbulb Credit’s monitoring service provides a comprehensive view of your overall creditworthiness and notifies you of any changes to your credit profiles. This service is ideal for businesses that wish to remain in control of their credit profiles.

About Lightbulb Credit

Lightbulb Credit is a leading business credit profile company based in the UK. Committed to supporting businesses in the manufacturing and engineering industry, Lightbulb Credit helps companies to improve their credit profiles and unlock growth opportunities.

Request your free Company Credit Insight Report from Lightbulb Credit here

Manufacturing & Engineering Magazine | The Home of Manufacturing Industry News

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