Hansa makes it easy for lenders to report commercial payment data to the credit bureaus. Borrowers get access to a suite of tools to monitor business credit scores and reports.
Antonio Doblas-Madrid, Raoul Minetti (2013) studies the effects of joining a credit bureau. In the conclusion, they separate the extensive effects of joining a bureau (access to information to vet borrowers) from the intensive effects (improved repayment performance). The calculation on the latter saw a decrease in the probability of serious delinquency (90+ days) from a 7.3% > 5.7% chance. Actual results reporting through Hansa may vary.
We conducted a survey of 200 small business owners across the US. 172 of them responded that it was "important" or "very important" to have their loan payments reported to the credit bureaus.
