Judicial bulletins and major Mexican newspapers list company liens and judgments. Filings do not have to be done in the county where the subject is located. Agencies can usually verify information you provide, but reliable addresses and phone numbers of a subject and his or her employer are required. Trade payment histories are almost nonexistent because there is no commercial repository for this information. Agencies rely on trade references supplied by the company, which often respond slowly.
Credit insurance is popular to protect receivables and for financing purposes.
Terms of 30 to 120 days are not unusual. Owens OnLine, Inc. a worldwide credit reporting agency, providing credit reports on Mexican companies and individuals. They also provide company directories. The Credit Manager is an eight page, monthly newsletter serving the commercial credit and collection community. Inc. All Rights Reserved.