Home topics small-business-resources Image Credit: Isaac Smith on Unsplash Small Business Small Business Free benchmarking report for lenders, SMEs Yajush Gupta March 28, 2023 CreditorWatch, Australia’s leading commercial credit reporting agency, has unveiled its Portfolio Risk Benchmarking Report. This report offers Australian businesses unparalleled access to credit risk benchmarking insights. The report is available free of charge to commercial lenders, financiers, and businesses with an annual turnover of at least $250 million. Businesses can access a free Portfolio Risk Benchmarking Report here . In light of the latest CreditorWatch Business Risk Index report, which has revealed a sharp 30 per cent year-on-year increase in trade payment defaults, businesses are facing a growing need to safeguard their revenue and avoid falling victim to payment defaults. As such, access to comprehensive information and insights about credit risks has become more critical than ever. The newly launched Portfolio Risk Benchmarking Report by CreditorWatch provides businesses with a vital tool to help them assess their credit risk exposure and take proactive measures to mitigate potential payment default risks. By comparing their customer portfolio credit risk against industry benchmarks, businesses can better understand where they stand and identify the steps they need to take to reduce their exposure to risk. With this report, businesses can gain a competitive edge by making informed decisions about extending credit to their customers, negotiating payment terms, and managing their overall credit risk portfolio. A Portfolio Risk Benchmarking Report offers businesses several benefits, which include gaining a comprehensive understanding of