GeoffCapes
Member
- Messages
- 14,000
We're just about to start working with a company that can do quite of bit of work for us and our clients and what they do fits in well with us, and the added bonus is they are local.
After they got stung badly on the back of the Carillion debacle they get all new partners D&B (Dunn & Bradstreet) checked.
So last night the M&D comes back to me and says "we have a bit of an issue with your company credit rating".
Basically I am a high risk company (according to D&B) because we don't borrow money, we don't have any debts, and as a private non listed company our books are not available for all to see (unless you pay for them of course).
So basically for 7 years having run my company debt free, credit free, I'm doing it all wrong!
Apparently Carillon had a brilliant credit rating!
WTF????
What is the world coming to where you have to be in debt to be credit worthy?
After they got stung badly on the back of the Carillion debacle they get all new partners D&B (Dunn & Bradstreet) checked.
So last night the M&D comes back to me and says "we have a bit of an issue with your company credit rating".
Basically I am a high risk company (according to D&B) because we don't borrow money, we don't have any debts, and as a private non listed company our books are not available for all to see (unless you pay for them of course).
So basically for 7 years having run my company debt free, credit free, I'm doing it all wrong!
Apparently Carillon had a brilliant credit rating!
WTF????
What is the world coming to where you have to be in debt to be credit worthy?