What is Data Contribution?
The NACM data contribution program allows your firm to place tradelines on the business credit reports of your customers.
Firms of all sizes and industries share their customers’ credit experience. These experiences are merged to create the individual customer’s credit report. These tradelines add to the overall picture of a firm’s financial health, impact the company’s credit score, and allow report users to make better informed credit decisions.
You contribute by sending electronic files of aging data each month. The files include basic information about your customers and how they are paying your firm. Most contributors find it takes just a few minutes.