New Delhi, Feb. 20 -- Company Credit Report (CCR) is a document that provides information about the credit history and financial health of a company. A CCR is a very important device for the lenders, creditors and business companions to assess the creditworthiness and financial stability of a business. For companies looking to maintain a strong position financially and have trust in the business community, an understanding of a CCR's components and importance is essential.
Credit rank: The numerical representation of a company's creditworthiness. The higher the rank, the less risky it is to lenders and investors.
Payment history: This section records the company's record of its debt payment history. It consists of details of timely paym...
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