The main purpose of the certificate, coinciding with EU directives is to promote successful small and medium companies, secure and safe business, good business practices and to increase market transparency. Additionally it helps customers and business partners to decrease financial and other risks when concluding business agreements.
The certificate enables local and international business partners to verify company’s existence, proper web address, and most importantly creditworthiness. The basis for the certification is a credit report and daily monitoring from COFACE Slovenia. Concurrently the SafeSigned™ website technology prevents the «Excellent SME Slovenia« quality seal to be copied and used on any other website. By installing and using the certificate potential and existing partners can differentiate between successful and less successful companies in the cyber world.
Creditworthiness Rating AAA
Creditworthiness rating is above-average rating value of entities - economic operators. It is based on the entities' financial statements for the last business year and forecasts the safety of operations in the next twelve months.
Companies with creditworthiness rating achieve above-average results and meet the criteria for reduced probability that they would experience any of the following events in the next twelve months: bankruptcy, compulsory settlement or liquidation (< 0.15% probability), deletion of entity from the companies register (< 0.93% probability), blocking of the entity's transaction accounts for more than 60 days without interruption or more than 90 days with interruption (< 0.98% probability).
Certification has become an established practice in the international environment and a method for entities to further consolidate their reputation and trust in domestic and foreign business environment.