Before starting a business with an overseas partner, it is only prudent to check them out.
International Company Profile (ICP)
ICP is a background report prepared by the USCS containing information about a firm’s business activities, credit worthiness, standing in the local business community, and overall reliability and suitability as a trade partner for U.S. exporters. These reports help U.S. firms locate and evaluate potential foreign customers before making a business commitment. To request an ICP Report contact your local USCS office.
The price for the ICP ranges from $100 to $600, and typically is delivered in 10 business days. A typical report includes:
- Name, address & key contact;
- Type of business;
- Sales territory;
- Products handled;
- Number of employees;
- Year established;
- Business/financial reputation; and,
- Assessment of the firm’s suitability as a trade partner.
U.S. Companies Providing Information on Overseas Firms
Remarks: Coface is a world leader in trade-credit information and protection, serving 85,000 clients in 93 countries.
- Dun and Bradstreet Corporation
Remarks: Types of reports available and pricing structures vary. Provides mail, fax, and online services.
- Graydon America
Remarks: Provides individual reports for most countries via mail, fax, or modem delivery. Concentrates on Latin American countries.
- The Kreller Business Information Group, Inc.
Remarks: Provides credit reports on companies worldwide via mail, fax and e-mail services. Focuses on Latin America, the Middle East, Eastern Europe, Africa, and Asia.
- Owens On-Line, Inc.
Remarks: this firm sells “Owens On-Line” and
- RDS and Associates
Remarks: Service includes discrete and non-discrete due diligence. Service is worldwide. RDS will interview intended partners and/or inspect and analyze their locations. This service can also include competitive and customer interviews and analysis.
- Standard and Poor’s Rating Service
Remarks: Provides various credit analysis reports via mail, fax, and online services.