Credit scores have been in use for many years; primarily, in the consumer credit field.
Blue Book Scores, our proprietary scoring system developed by Blue Book Services, are assigned to listed companies who buy lumber and lumber products. A score predicts the likelihood of a negative credit event — default or delinquent on payment — within a 12 month period of time.
A powerful tool for sellers, Blue Book Scores complement a company’s rating and comprehensive business report. Scores range between 500 and 999, with 999 being the highest score. Higher scores represent a less likely credit event – delinquent or default on payment — will occur. The lower the score, the more likely a company will be delinquent or default on payment.
Blue Book Scores are available on the Blue Book Online Services website and mobile app. A graphical display of how a company’s Blue Book Score is trending is provided on the Blue Book Online Services website, in the Business Report or by contacting a customer service representative.
Blue Book Scores – one more way to help you make informed and confident business decisions!