Resource Nation Leverages Experian's Business Credit Information to Further Prescreen Vendors

SAN DIEGO, March 11 /PRNewswire/ -- Resource Nation is now going one step further to provide the trust businesses are looking for when seeking a vendor to help grow their business. By leveraging a relationship with Experian, a global leader of information services, a new prescreening process helps reduce the risk of businesses working with a questionable company and allows them to view detailed background information on each of the vendors in Resource Nation's network.

"Experian brings the data, processes and credibility to help us extend the value we already provide to businesses-a trusted place to find vendors," says Ryan Peddycord, CEO of Resource Nation, Inc. "Our goal has always been to help businesses save time searching through thousands of vendors and save money because vendors are put in a competitive bid environment. Providing access to Experian's data will also give businesses peace of mind because they can review detailed information on each vendor in our network before making a decision on who to choose."

As vendors join Resource Nation's growing network of local and national vendors, a search is done to identify the vendor in Experian's database. If a report is available, Experian® verifies the vendor is in good standing with its state business filing at the time the report was run. For vendors with a full Experian report available, Resource Nation makes a link to this report available to businesses and marks "prescreened" next to the vendor's contact information.

The reports provided by Experian may include the vendor's entity type and address; years in business; any known aliases; list of judgments, bankruptcies, and liens; company revenue; number of employees; and credit standing.

Resource Nation attempts to prescreen every vendor; however, not all vendors may have a report available (E.g. a new sole proprietor may not yet have a report available).  Even after viewing a full report, all businesses are encouraged to conduct their own due diligence before selecting a vendor.

Vendors in Resource Nation's network operate in the U.S. and Canada and provide products and services ranging from office copiers to postage meters.

About Resource Nation

From local proprietors to Fortune 500 companies, Resource Nation, Inc. connects business purchasers to the prescreened vendors and resources needed to grow a business.  Its vendor comparison tool on VoIP Service, empowers home owners and businesses with informative information to make smarter choices.  Resource Nation's ability to pre-qualify each business looking for services makes it one of the largest marketplaces for buyers and sellers to connect online.

SOURCE Resource Nation