You’ve lined up shipper customers and jumped through all the legal hurdles to start your very own freight brokerage. One problem: Carriers are reluctant to take loads from you because your new business doesn’t have a credit score yet.
The good news is that DAT load boards now apply credit scores and average days-to-pay quicker, thanks to credit reporting from Ansonia, DAT's new credit-reporting partner. Ansonia stablishes credit scores for companies faster than other agencies — usually after just three months of their trade payments being reported to the agency.
"Transportation startups have always relied on DAT tools to get their businesses off and running,” said Bert Goo, DAT Channel Sales Manager. "By partnering with Ansonia, we’re able to help brokers overcome a significant hurdle in the early growth of their operations."
"Established freight brokerages will benefit too, as Ansonia is known for providing credit data that is both accurate and up-to-date.
"Ansonia has a wide variety of companies contributing credit data about a specific brokerage, which increases accuracy and avoids fluctuations that can occur when data is too heavily weighted on just a few creditors," Goo said.