Nuvo has announced a strategic relationship with Equifax®?. Nuvo will leverage Equifax commercial and business principal information within Nuvo credit application software, streamlining the customer onboarding, underwriting, and credit approval processes associated with extending trade credit. Nuvo's suppliers will also gain the ability to submit their receivables to Equifax to help their customers build their business credit profile.

Nuvo offers suppliers the ability to issue personalized credit terms in minutes, significantly reducing turnaround times for credit approval. Integrating business credit reports and business principal credit reports from Equifax within Nuvo's secure platform can enable finance teams to make more informed credit decisions, while also mitigating risk exposure. Nuvo's technology unlocks new growth opportunities for businesses by expanding customer purchasing power, while also reducing risk exposure.

Finance teams using Nuvo can now use Equifax data to help determine credit terms, opening up new opportunities while reducing unwarranted risk.