making building industry credit decisions without the right data?
BICB has the building industry debtor database in Australia
As a BICB member, you’ll have access to comprehensive, up to date, factual credit information about entities that receive supply of goods & services on credit in the building & construction industry in Australia.
Members also have access to a large range of public record searches and a selection of advanced credit reports via the Online BICB Report Selection screen.
Our JV partner Alares continues to develop new features based on member feedback. They are excited to introduce their latest feature, the Insolvency Risk Factor (IRF). What is the Insolvency Risk Factor? The IRF is the culmination of a major data analytics programme where we analysed our court data against 10,000’s recent corporate insolvencies to
This month’s newsletter features a press release from the HIA discussing that population growth and access to housing finance will be key to Victoria’s economic recovery. There is also a lead article discussing possible implications of the temporary protections for financially distressed businesses . Click the “Toggle Full Screen” icon in the control panel below
Extension to Temporary Protections for Financially Distressed Businesses – Is this just delaying the pain?
As anticipated the Federal Treasury announced on the 7th of September, that the temporary protections for financially distressed businesses will be extended beyond the initial six month period to 31 December 2020. Since the introduction of these measures in April 2020, the number of construction industry related insolvencies have decreased by 65%. This is an
upcoming member meetings
"Our company has been a member of the BICB for over 10 years. A previous company that I worked for was also a member for approx. 15 years so my association goes back a long way. The benefits of being a member of the BICB is enormous. I simply couldn’t function in my role without it and it has saved our company many thousands of dollars in bad debts and legal costs over the years.
Their integrity cannot be questioned and I encourage all credit professionals to become members. Their data is accurate and timely which is what we need in this very challenging environment."
"We have been a member of the BICB for over ten years. Wayne and his team provide a welcoming environment. The credit information provided is timely, detailed and diversified so as to assist with determining risk levels.
The BICB covers national as well as Queensland based businesses and I would recommend the BICB as a great resource for all credit approval decision making."
This video gives a quick overview of the Building Industry Credit Bureau and its industry leading members online system.
The online system provides accurate, easy to access credit information about building industry debtors.