Business Verification Report

Business Verification Index (BVI)

BVI is a numeric value ranging from 0 to 50 that ranks the verification of a business entity. A value of 50 indicates strong verification of the input business elements with a business entity on record at LexisNexis. A value of 0 indicates failure to verify any of the input business elements. A value of 10 reports higher risk conditions such as contradictory verification results and single element verification (i.e., input business TIN belongs to a different business entity). Intermediate values of 20, 30, and 40 represent different levels of partial verification.

Run a Business Verification report on an applicant

1. To run a business verification report, Navigate to the application
2. Navigate to Verification tab, and click Perform Verification
   
   
3. Click Confirm on the confirmation dialog
4. Once confirmed the verification details, Business verification index and the risk indicators are displayed
   
   
5. Click Save to save the details and the score in the application.
6. Once saved, Click on the eye icon to open the details again.
7. You can download the Business report anytime from the platform. Just click on the download option available.

Alternatively, you can run the business verification from Overview tab

1. Click Get Data in the Business Verification section

2. The Business verification index and the details are fetched and displayed 

3. Click View More to view more details and download the Business Verification Report

Business & Owners Background Report - Powered by LexisNexis

1. Run a Background report on an applicant
2. From the Overview tab, Click on Get Data in the respective section to get the report
   
   
3. When there is a match, a report will be generated.
4. Select the View More option to review 
   
   
5. You will be redirected to the Background tab, Click on View icon to view the background report details
   
   
6. The detailed report opens in the side panel. 
   
   
7. Click Download PDF to download the background report. Click Attach PDF  to attach the report to the application.

💡Saving the report allows you to review the report in the future for this application without an additional fee being assessed.  You can also download a full version of the report by selecting “Download PDF.  By selecting “Attach PDF,” the report will move to the Attachments tab.