1. Why Run a Business Credit Search?
- Manage risk before extending credit to new customers or suppliers.
- Confirm a prospective partner’s financial health before signing big contracts or leases.
- Strengthen loan applications—banks often ask for your latest commercial credit report.
- Meet KYC & AML requirements (e.g., when you are an accounting or company-secretary provider).
A credit report aggregates data from registries, trade references, court records, CCRIS banking data and scoring models so you can make data-backed decisions. CTOS research shows most Malaysian lenders review business reports daily for customer onboarding.
2. Main Credit‐Information Sources in Malaysia
| Bureau / Source | Key Highlights | Turn-around Time |
|---|---|---|
| CTOS Credit Manager | Full CTOS Report, SME Score, litigation check, land-title & SSM data in one place | Instant download |
| Credit Bureau Malaysia (CBM) – “MyBizSCoRE” | Up to 5 years’ financials, CCRIS data & a 3-digit business score for SMEs | Instant |
| Experian Commercial Reports | Intelliscore Plus 1-100 risk score, payment behaviour & public filings | Instant |
| CCRIS / eCCRIS (Bank Negara) | 12-month bank-borrowing track record; accessible online via MFA-protected portal | Immediate once registered |
| SSM MyData | Official company profile, shareholders, charges & certified documents – ideal for baseline checks | Instant |
Tip: For overseas counterparties, CTOS and Experian both provide international reports that take 6-14 working day.
3. What’s Inside a Typical Business Credit Report?
- Company Profile – ROC/ROB number, incorporation date, directors & shareholders (via SSM).
- Credit Facilities & Banking History – CCRIS repayment performance, credit limits.
- Trade References – Payment experiences reported by suppliers.
- Legal Filings – Writs, judgments, winding-up petitions, bankruptcy status.
- Financials & Ratios – Audited or management accounts (where available).
- Credit Scores / Risk Grades – CTOS SME Score (100-400), Experian Intelliscore (1-100) or CBM MyBizScore (0-100).
- Recommendation – Suggested credit limit / risk commentary.
4. Step-by-Step: How to Order a Business Credit Report
- Decide your purpose & bureau (CTOS, CBM, Experian, etc.).
- Register for an online account (one-off KYC) or request our firm to act on your behalf.
- Obtain consent if the subject is a private entity (required under the Credit Reporting Agencies Act 2010).
- Search by company name or registration number; select desired report package.
- Pay online – prices range RM25 – RM180 depending on depth & bureau.
- Download instantly (PDF/HTML) or await “fresh-investigation” reports (6-14 days for overseas or inactive firms).
- Interpret key sections & score; keep a copy in your due-diligence file for at least 7 years (PDPA good practice).
5. Cost & Timeline Snapshot
| Report Type | Typical Fee (RM) | Delivery |
|---|---|---|
| CTOS Lite Company | 25–40 | Instant |
| CTOS Full / SME Score | 85–120 | Instant |
| Experian Intelliscore Report | 85–150 | Instant |
| CBM MyBizSCoRE | 75–110 | Instant |
| International (fresh investigation) | 300 + | 6-14 working days |
(Fees vary by subscription tier; figures reflect April 2025 market averages.)
6. Compliance & Best Practices
- Keep reports strictly for the permissible purpose stated when ordering (Credit Reporting Agencies Act 2010).
- Protect personal data under PDPA 2010—store reports securely, limit staff access.
- Re-check credit files at least every 12 months or before renewing large credit limits.
- Dispute inaccuracies promptly with the bureau; they must investigate within 21 days.
7. Need It Done for You? – Our Business Credit Search Service
As licensed company secretaries, we pull multi-bureau reports plus the latest SSM documents and summarise the findings in plain English—all within 24 hours.
What you get:
- CTOS Full Report + SME Score
- CBM MyBizSCoRE
- SSM MyData Profile & Charges Search
- Red-flag summary (legal suits, payment issues, director disqualifications)
- Actionable credit-limit recommendation
Flat fee: from RM250 per Malaysian company (bundled pricing for bulk requests).
👉 Ready to safeguard your next deal? Contact our team and get peace of mind before you sign.
Last Updated: 28-Apr-2025