Establish and report the credibility of your business with every transaction.
factiiv is a whole new way to establish the credibility of your business. With factiiv, every trade counts. Every sale, every purchase, every loan, every transaction.
Most business activities are not captured by traditional credit bureaus and do not end up on credit reports
Transparency - bureaus collect data from sources that are often concealed
Accuracy – important data from peer-to-peer transactions is ignored
Control – only data furnishers can report to credit bureaus
Access – SMEs face challenges when trying to obtain their credit reports
In a world where credibility is the key to business growth, SMEs are underserved by the credit reporting industry.
Seldom report transactions to credit bureaus
Unable to build credit through normal business activities
May not even be aware that credit reports exist for them
Most contact with credit bureaus is related to errors and penalties
the big idea
Until now, credit bureaus have enjoyed dominance by monopolizing transactional data. factiiv allows you to manage your own data, building business credibility and disrupting traditional bureaus.
Build your credit report with the people and businesses you actually do business with, each and every day. Track all of your transactions and easily share your factiiv score using a QR code generated by our web-based app.