For many businesses in Greece and Cyprus, unpaid invoices are a bigger threat than lost sales. Every time you sell on payment terms, you are lending to your customer. Credit risk assessment is how finance and credit teams decide who to trust, for how much, and for how long.
Infocredit Group has provided business information and credit reports in Cyprus for decades, and covers Greek companies through official sources. This guide sets out a practical process any credit team can apply.
What to check on a company
- Registry data: legal status, registration date, registered address, directors and shareholders (ΓΕΜΗ in Greece, the Registrar of Companies in Cyprus).
- Financial statements: revenue trend, profitability, liquidity and leverage where filed.
- Legal and negative events: insolvency proceedings, court cases and similar public records.
- Ownership and links: related companies and beneficial owners, which can reveal group exposure.
- Payment behaviour: how the company pays suppliers, where data is available.
From data to a credit decision
A credit score summarises these signals into a probability-based risk rating, and a suggested credit limit translates it into a figure. Good credit policy uses both, with clear rules for when a manual review, a guarantee or prepayment is needed.
Write the rules down. A documented credit policy — risk bands, limit ranges, approval levels — makes decisions consistent and defensible.
Monitor customers, not just new applicants
A customer that was safe last year may not be today. Monitoring alerts you when a director changes, a legal action is filed or new financial statements show deterioration, so you can reduce exposure before an invoice goes unpaid.
How Infocredit Group helps
Infocredit Group provides company credit reports, scores and suggested credit limits for Cypriot and Greek companies, monitoring alerts, and RISQO for automated credit decisions across your customer portfolio.
Frequently asked questions
What is a business credit report?
A report on a company combining registry, financial, legal and ownership information, usually with a credit score and a suggested credit limit.
Can I check a Greek company from Cyprus, or the reverse?
Yes. Infocredit Group covers both markets and can deliver reports on Cypriot and Greek companies, as well as international companies through partner networks.
How often should credit limits be reviewed?
At least annually, and immediately when monitoring flags a material change such as legal action, an ownership change or weaker financial results.
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