The MORE Credit Limit

Credit Limit is the credit amount a company can request, with a detailed evaluation of the annual commercial credit allowable. modeFinance calculates the trustworthiness of a company based on the following factors:

• size;
  
• years in business;
  
• average number of suppliers;
  
• cost to suppliers;
  
• company's current assets, compared to the business industry;
  
• company's ability to repay debts (MORE Score).
  

The credit limit in this report is merely a suggested value of commercial credit limit calculated on the basis of annual public data. This value should be reviewed by paying attention to the Confidence Level value and by using other information such as other business information, news, etc, and private information such as the relationship with client, history of payments guaranteed and the industry knowledge. 

The Credit Limit value stated in reports is only a suggested value of commercial credit calculated on the basis of public data; it is advisable to revise the amount expressed taking into account the Confidence Level value and correcting it with other business information and private information, such as the relationship and experiences with the client, history of payments, guarantees, industry experiences, etc

Please note that the measure of creditworthiness included in modeFinance's s-peek is not a "credit rating" as defined in accordance with the EU Regulation N. 1060/2009.