MicroBilt

MicroBilt is an American data and analytics company that describes itself as a pioneer in the alternative credit data space. It supplies credit decisioning and verification tools, consumer and collection insights, background and screening services, and business credentialing and compliance products. Its solutions are used by banks, finance and lending companies, software and technology firms, property rental and management companies, real estate businesses, healthcare services, retailers and wholesalers, sales and distribution organizations, credit bureaus and credit counseling agencies, motor vehicle sales and services, utilities, insurance companies, collections and legal firms, educational institutions, accounting practices, private investigators, and background or tenant screening providers. The company traces its origins to 1978, when the business began as Equipment Resources Incorporated, a provider of communications devices. In 1982 Equipment Resources introduced communications terminals into the credit industry, and in 1984 it changed its name to MicroBilt as it expanded into value-added software for its communications devices and proprietary hardware platforms. MicroBilt went public in 1985. It was purchased by First Financial Management Corporation in 1990, which in turn was acquired by First Data Corporation in 1995. During the 1990s MicroBilt developed Windows-based desktop software, enterprise solutions for local area networks and wide area networks, credit communications engines and browser-based applications. Today MicroBilt positions itself as a full-cycle business solutions provider, delivering products via web-based access, batch processing and APIs. Its offerings include PayNet Company Search and PayNet Payment History Report for business credit and equipment financing information, as well as background screening products covering bankruptcy and civil records, criminal records and DMV driver records. The company states it has more than 46 years in the industry and has served over 127,000 users. It emphasizes data aggregation, predictive models for lending, leasing, collections and risk management, and compliance support.

MicroBilt's history begins in 1978, when the business was founded as Equipment Resources Incorporated, a provider of communications devices. In 1982, Equipment Resources introduced communications terminals into the credit industry, marking its entry into the credit data and communications space. In 1984, the company changed its name to MicroBilt as it began to develop value-added software programs for its communications devices in addition to its proprietary hardware platforms. The following year, 1985, MicroBilt went public. In 1990, MicroBilt was purchased by First Financial Management Corporation. Five years later, in 1995, First Financial Management Corporation was acquired by First Data Corporation. During this period, MicroBilt developed Windows-based desktop software solutions for customers as well as enterprise solutions for local area networks, wide area networks, credit communications engines and browser-based applications. These developments were initially focused on enhancing the leasing of its proprietary hardware platforms that allowed customers to communicate. Over the years, MicroBilt invested heavily in acquiring best-in-class data, building sophisticated systems for keeping data fresh and accurate, and developing powerful predictive models for making decisions around lending, leasing, collections and risk management. The company describes itself as a pioneer in the now exploding alternative credit data space and states that it has refined its products and services to deliver true business value. It reports more than 46 years in the industry and over 127,000 users served. Today, MicroBilt offers a full cycle of business solutions delivered via web-based access, batch processing and APIs. Its product categories include Credit Decisioning & Verification, Consumer & Collection Insights, Background & Screening Services, and Business Credentialing & Compliance. Its PayNet products provide business credit reports and payment history data, while its background screening products cover bankruptcy and civil records, criminal records and DMV driver records. The company serves a wide range of industries, including banking, finance and lending, software and technology, property rental and management, real estate, healthcare services, retail and wholesale, sales and distribution, credit bureaus and credit counseling, motor vehicle sales and services, utilities, insurance, collections and legal, education, accounting, private investigators, and background or tenant screening.

• 1995

  First Financial Management Corporation was acquired by First Data Corporation.

• 1990

  MicroBilt was purchased by First Financial Management Corporation.

• 1985

  MicroBilt went public.

• 1984

  Equipment Resources changed its name to MicroBilt as it began to develop value added software programs for its communications devices in addition to its proprietary hardware platforms.

• 1982

  Equipment Resources introduced communications terminals into the credit industry.

• 1978

  MicroBilt business began as Equipment Resources Incorporated, a provider of communications devices.

The most powerful alternative credit data & risk management platform, delivering a full cycle of business solutions via web, batch and API.

• Credit Decisioning & Verification

  Solutions for analyzing and verifying creditworthiness.

• Consumer & Collection Insights

  Insights for consumer and collection activities.

• Background & Screening Services

  Background screening products covering civil, criminal and motor vehicle records.

• Business Credentialing & Compliance

  Solutions for business credentialing and regulatory compliance.

• PayNet Company Search

  Returns a list of matching businesses.

• PayNet Payment History Report

  Delivers the payment history on a selected company compiled from a comprehensive database of borrower operating information, lender payback details and delinquency history as well as lien and judgment summaries.

• Bankruptcy & Civil Records

  Bankruptcy Search, Bankruptcies, Liens & Judgements, Enhanced Evictions, Suits, Liens & Judgements.

• Criminal Records

  US Criminal Report (Nationwide Database / Statewide / County), US Sex Offender Report.

• DMV Records

  MVR Driver Records (Registration / Moving Violations).

1. 1MicroBilt alternative credit data risk managementmicrobilt.com
2. 2Paynet - Company Search & Payment History | Microbiltmicrobilt.com
3. 3Background & Screening Servicesmicrobilt.com
4. 4About | MicroBilt Corporationmicrobilt.com