Credit Check | Review of Payment Conduct

Whether unpaid rent, loans not repaid, goods fraud or trade credit fraud – many financial losses can be prevented in advance through credit checks. Prior to entering into a business relationship or initiating reminder and enforcement proceedings, Kurtz Investigations Bonn will be pleased to examine the solvency and payment history of both natural and legal persons: +49 228 2861 4084.

No One Is Immune to Fraud in Business Life

As an entrepreneur, you naturally wish to ensure that your prospective business partner, customer or supplier is reliable and solvent. Anyone active in the business world knows that the moral standards of many individuals leave much to be desired and that fraud lurks at every turn. It is unthinkable, for example, if your potential business partner is heavily indebted and perhaps senses a favourable opportunity to buy into your company, only to enrich himself later at the expense of your corporate assets. Suppliers paid in advance or customers who have already received goods but stubbornly refuse to pay are likewise a commercial nuisance which, in the case of large sums, may even threaten a company’s existence.

To cite a prominent example: the controversial 45th President of the United States, Donald Trump, has been credibly accused by numerous former business partners of having amassed a considerable portion of his wealth through refusal to pay. According to these accounts, he induced service providers and suppliers to render advance performance on the strength of his reputed good name and then simply allowed them to bleed dry by withholding payment – following the maxim: before you succeed in legal action against me, you will already be bankrupt. In order to retain at least some prospect of payment and thus cover their own costs, the injured parties reportedly agreed to substantially reduced invoices, which were then settled. In doing so, however, they relinquished their legitimate claims to full remuneration – and he emerged unscathed, benefiting, for example, from luxury hotel developments at knock-down prices.

Background Check by a Well-Connected Detective Agency in Bonn

If you wish to verify business partners, a simple enquiry with Schufa may already be revealing; however, it offers no guarantees. It is well known that, firstly, identification problems may arise, meaning that data is sometimes not assigned to the correct individual; secondly, reporting companies frequently delete negative entries under pressure from lawyers; and thirdly – and most importantly – Schufa is aware of and stores only a fraction of the payment experiences relating to the persons and companies queried. Our IHK-certified commercial detectives in Bonn have access to far more extensive datasets and are also able to ascertain assets such as property ownership or vehicles that may serve as security.

Where transactions of significant magnitude are concerned, in-depth investigations are advisable, including, among other measures, discreet enquiries under pretext and, where appropriate, surveillance. Even our basic credit checks, however, already provide you with a comprehensive overview of the reliability and liquidity of the person concerned. We document our findings in a report suitable for use in court, thereby supporting you in your decision-making. Please feel free to obtain non-binding advice from us on the subject of credit checks by sending us an e-mail via the contact form or to kontakt@kurtz-detektei-bonn.de, or by calling us on +49 228 2861 4084.