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TransUnion Canada and Lumbermens Credit Bureau have entered into an exclusive partnership that will combine two data assets on business credit risk for a comprehensive small business solution.
"Small businesses are vital to the growth of the Canadian economy and continue to represent a challenge for lenders and service providers as often there is limited information in order to make informed decisions," said Todd Skinner, president of TransUnion Canada. "The combination of TransUnion's unique small business credit report and Lumbermens data makes for a powerful solution that will allow our customers to make decisions with improved insight, further enabling the growth of small businesses through access to funds."
TransUnion launched the first ever small business banking exchange in Canada last year. The service provides visibility...Read more from this release