Risk Scores

3CF work with three of Switzerland’s leading credit rating agencies to verify the creditworthiness of our borrowers. We are also members of the Swiss Market Lending Association (ZEK application pending). The credit scores we present on our borrowers are the average of the results returned by the three agencies: Bisnode, Credit Reform, and CRIF.

3CF performs identification, verification and authentication of all users on the platform and as part of this process we execute a credit check of all borrowers posted on the platform for Crowdlending and Crowdfactoring (and debtors for Crowdfactoring) and assign an indicative credit rating.

 

Individual

A

Unchanging and steady circumstances, identified and verified personal details – address, job (married and/or family). Solid loan repayment history.

B

Steady circumstances – identified and authenticated personal details, traceable address past and/or employment history. Favourable loan repayment track record.

C

Variable life circumstances. Identified and authenticated personal details. Limited or no loan repayment record (- or first application for credit facilities).

S

Not yet trading (but registered) – good general financial background – insufficient credit events, actions or major collections. Open to associated start-up risks. (- first application for credit facilities).

Business

A

Strong past performance, differentiated/unique, ability to absorb unfavourable fluctuations. No major credit events. (- maybe reinforced by other credit services/enrichments).

B

Positively positioned in local marketplace, core product/service range, ability to manage minor marketplace events. No major credit actions. (- maybe alleviated by security).

C

Testing market environment, reliance on single product or service, Affected by seasonal and/or market fluctuations. Neutral collections events; Business ratios in line with industry.

S

Already trading – In commercial register. Open to associated start-up risks. No bad loan experiences (- first application for credit facilities).