LEASING
Improve the profitability and risk profile of your lease portfolio by identifying high-risk administrators behind apparently reputable companies, using the Friss screening module. By assessing the administrators and individuals from all the operating companies involved in your application you will find the bad risks that hide behind the pretty statistics. We make sure that you do business with honest and reliable administrators.
Do you recognize this picture?
Does this sound familiar:
- It becomes apparent that a company with excellent statistics is shown to have been involved in incidents in the past.
- Our models work well. Still, there are bad risks that we may miss.
- It becomes apparent that an administrator of a holding has a dubious operating company.
- My Assets disappear abroad with some regularity.
What does Friss offer
Friss specializes in assessing companies and private individuals behind companies through a range of sources, such as: bankruptcy registers, watch lists, suspension of payment, Chamber of Commerce (Corporate Linkage), special and weak addresses, moving information, etc.
Among other things we will find out if:
- administrators have been involved in bankruptcies in the holding structure of associated companies in the recent past;
- the administrator is registered as a bad payment risk in his private capacity or is wanted in the context of outstanding debt collections;
- a company has moved often in a short period of time;
- the product that is being purchased fits the profile of the enterprise (type, scope, etc.).
In short, Friss screens your applications for moral issues. We will find the disreputable people who submit an application for a company with excellent figures. This keeps out bad risks and fraud, with quick results. The time it takes to recover the cost of this solution is just a few months. We proved that with one of the biggest international lease companies.
