Credit Management Solutions for Building & Construction Industry Suppliers

Minimise Your Exposure
To Potential Creditor Insolvency

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Give your business confidence
to make more effective credit management decisions

Robust support to Building Industry Suppliers & Sub-contractors for over 100 years

The Building Industry Credit Bureau (BICB) is an Australian membership based Not-For-Profit Organisation.

We act as a conduit for members to share accurate financial trading and credit related information via a secure online database. Our membership drawn from suppliers and/or subcontractors to the Building and Construction Industry.

Giving your business confidence
to make more effective credit management decisions

The Building Industry Credit Bureau (BICB) is an Australian membership based Not-For-Profit Organisation.

We act as a conduit for members to share accurate financial trading and credit related information via a secure online database. Our membership drawn from suppliers and/or subcontractors to the Building and Construction Industry.

It can be tough to successfully master credit management

Solutions to key questions
credit managers address every day

Record High in New Loan Commitments for Housing

If we deal with or supply a company will we get paid?

History is great for giving insights, especially payment history! Seeing a client’s payment history can yield interesting insights about the likelihood of being paid.

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Is the business safe or difficult to deal with?

Getting background information garnered from a variety of authoritative sources viewed in one location answers that question succinctly.

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Future of Home Building Industry in Australia

How do our customers pay other suppliers?

The phrase, ‘Safety in numbers’ comes to mind here. Seeing payment patterns to multiple suppliers can bring a new perspective about a debtor.

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Record High in New Loan Commitments for Housing

Does a client have a past adverse credit history?

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Having this information can possibly reduce your risk to the word that strikes fear into every credit manager….Insolvency!

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Do they have a poor payment track record?

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We all want to know this! Knowing this piece of information could determine whether you offer credit or not.

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Future of Home Building Industry in Australia

Am I able to monitor my customers payment habits with other suppliers?

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Seeing changes in payment habits to other suppliers can raise a red flag!

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Insight and expertise at your fingertips

Key questions credit managers ask about BICB

Record High in New Loan Commitments for Housing

Being a member of BICB – how does it work?

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It’s simple really. We act as a conduit for members to share accurate financial trading and credit related information via a secure online database.

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Where does BICB’s data come from?

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Having this information can possibly reduce your risk to the word that strikes fear into every credit manager….Insolvency!

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Future of Home Building Industry in Australia

Will my data be secure and remain confidential?

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Confidentiality and security are vital for our existence.

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Record High in New Loan Commitments for Housing

Can I monitor my debtors/ customers for legal actions registered against them?

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Our capacity to harness information the DAY a court action is lodged puts our members ahead of the game.

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How much data is available and what areas are covered?

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We don’t want to boast but we have data on over 200,000 entities in the Building & Construction Industry across Australia.

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Future of Home Building Industry in Australia

Can BICB provide a regular risk assessment of our customers?

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We are in a dynamic environment so having monthly potential risk reports is vital for credit managers.

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Reduce creditor risk

Make confident commercial decisions

Protect your business’s future

Where to from here?

Construction is the third largest industry in Australia for people employed and GDP (Gross Domestic Product) contribution. It is the second largest industry for corporate insolvencies, with an average of 1,552 per annum. Understanding the nature of the industry is vital for effective credit management.

BICB assists you to make informed commercial decisions to protect your business.

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Find out about BICB

A 220+ strong membership database provides a considerable depth of trading information across 200,000+ entities.

Approximately $30B in annual trade sales is entered and analysed in our secure online system.

Introducing

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No longer do you have to reply on that ‘feeling in your bones’ about how risky it is to deal with a company.

Minimise your credit management risk with a real time statistical tool which indicates risk when dealing with specific companies.

See at a glance—updated fortnightly national Risk Tracker factual data indicators for the Building & Construction Industry.

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Find out about membership

Excellent member benefits, credit management solutions, mentoring and insights from top industry credit managers.

Executive Director, Carla Seirlis is only a phone call away to offer advice from a wealth of experience.

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advice that got a debt paid - BICB

CASE STUDY

One of our members sought advice about an unpaid debt
from a licensed Queensland builder

  • We advised they could log this complaint with QBCC. This entity has the power to suspend and/or cancel a Queensland builder’s license if a debt is undisputed.
  • The good news is, our member got paid!
  • Because we keep up to date on legislation surrounding the building and construction industry, we can give the appropriate advice to members.
  • This is just one of the many benefits of being a member of BICB. Our member well and truly got their money’s worth in his membership fee from advice that quickly got their debt paid!

Some of our valued members