Credit scores have been in use for many years; primarily, in the consumer credit field.
Blue Book Scores, our proprietary scoring system developed in 2005 by Blue Book Services, are assigned to listed companies who buy produce. A score predicts the likelihood of a negative credit event — default or delinquent on payment — within a 12 month period of time.
A powerful tool for sellers, Blue Book Scores complement a company’s rating and comprehensive business report. Scores range between 500 and 1000, with 1000 being the highest score. Higher scores represent a less likely credit event – delinquent or default on payment — will occur. The lower the score, the more likely a company will be delinquent or default on payment.
Scores are available to members:
• online via a company’s Listing Detail page
• in an online Blue Book Score Report
• in a business report
• by calling a customer service representative
Blue Book Scores – one more way to help you make informed and confident business decisions!