Credit System of Individuals and Companies

Infocredit Group’s Credit System for companies and individuals includes all the information registered at the Department of Registrar of Companies and Official Receiver. By accessing this system, users are able to collect information that will assist them in evaluating any company registered in Cyprus. This data can be extracted from our system in a report format thus allowing the user to choose the appropriate type of information that suits their requirements.
The Credit System is enriched on a daily basis with data collected from the Official Receiver’s office and from information sourced from our global partners, By updating around 3500 companies every month, Infocredit Group is able to offer its customers the most current and therefore reliable information on almost all registered companies in Cyprus.

The Infocredit Group Online Credit System lists:

Registered Companies – Local Companies
Business Names
Partnerships
Foreign Companies registered in Cyprus

The following reports can be obtained from the Online Credit System:

Principals Reports
Structure Report
Structure Enhanced Report
Relationship Report
Financial Statement Report
Relationship Report for Individual
Comprehensive Report

Detrimental Information Exchange Bureau

The Detrimental Information Exchange Bureau’s main function is maintaining a central database which allows companies the opportunity to share information about the behavior of their clients and partners, within the boundaries of their financial obligations to them.

The primary goals and the main advantages of the Detrimental Information Exchange Bureau are the following:

1. Prevention of Bad Debts:
By obtaining information regarding the transactional behavior of their customers and partners, companies are better able to evaluate any potential cooperation. The ability to know immediately, if any future clients or business partners have adverse information listed against them which could result in bad debts, is invaluable when it comes to safeguarding business transactions and relationships.

2. The collection of bad debts:
Companies now have greater leverage when it comes to exposing debtors and their bad payment history to the wider market. It is this exposure that increases the pressure on debtors, and allows companies to handle and recover bad debts with greater ease.

Infocredit Group supports both the operation and the principles of the Detrimental Information Exchange Bureau, adopting absolute transparency and adhering to the rules in place, while safeguarding access to the Detrimental Information Exchange Bureau by employing sufficient security mechanisms.

The Credit System is enriched on a daily basis with data collected from the Official Receiver’s office and from information sourced from our global partners,

By updating around 3500 companies every month, Infocredit Group is able to offer its customers the most current and therefore reliable information on almost all registered companies in Cyprus.