Product Updates

Hansa now reports to all three major commercial bureaus

We’re excited to announce that Hansa is now fully equipped to report credit activity data to all three major commercial credit bureaus: Experian Business, Equifax Business, and Dun & Bradstreet. By offering multi-bureau reporting capabilities, Hansa ensures that credit data is distributedy widely and evenly to anywhere someone might look. This breadth helps maximize the impacts of reporting, helping drive home the importance for borrowers to pay on time.

The benefits of multi-bureau reporting for creditors are clear:

  • Maximum coverage of credit data means your borrowers’ credit performance is visible across all three major bureaus, increasing the impact and visiblity of reporting.
  • Increased awareness incentivizes timely repayment—with borrowers knowing their credit data is being reported to multiple bureaus, they are more likely to make timely payments. This can lead to fewer late payments, reduced risk, and an overall healthier lending environment.
  • Hansa simplifies the process by automatically reformatting your data to meet the distinct reporting standards of each bureau, no matter the type of product you offer. This means less administrative burden for your team, and a seamless reporting experience that’s both efficient and reliably accurate.

At Hansa, we’re committed to supporting companies that extend credit by providing them with the tools they need to mitigate risk and help their borrowers. Our multi-bureau reporting service offers a powerful solution for enhancing credit visibility, strengthening a debt portfolio, and ensuring that data is consistently and accurately reported. This development marks a new milestone for us in simplifying and improving the way commercial credit data is shared, and is one more huge step towards growing in the entire commercial credit ecosystem.