Business Failure Score (BFS)
The Equifax Business Failure Score is designed to likelihood that a business will cease operations with debt to creditors within the next 12 months due to formal or informal bankruptcy.
Business Failure Score (BFS) is currently used by HWB in:
Benefits
The Equifax Business Failure Score is designed to identify the likelihood that a business will cease operations with debt to creditors within the next 12 months due to formal or informal bankruptcy
Score Highlights
Predicts the likelihood that a business will cease operations with debt to creditors within the next 12 months due to formal or informal bankruptcy
Uses Financial and Non-Financial Data
Score based exclusively on commercial data
Scorecard segmentation for:
Large Businesses
Small Businesses
Public Businesses
Private Businesses
Specifications
Business Failure Score Reason and Reject Codes (last updated 5-9-11)
Additional Resources
