Dutch businesses gained a powerful new tool this month with the launch of CheckAhead, a digital solution designed to evaluate the creditworthiness of customers and suppliers in just two minutes. By utilizing up-to-date transaction and balance data, CheckAhead eliminates the delays and inaccuracies associated with traditional credit assessments, which often rely on outdated annual reports.
Targeted at leasing companies, suppliers, business lessors, and credit insurers, this innovation by ING aims to reduce administrative burdens while enabling faster, more reliable credit decisions. Laurens de Vos, Director of Business Banking at ING Netherlands, emphasized its value: “With CheckAhead, we support our corporate customers in making quick and confident credit decisions, helping them seize more opportunities and reduce risks.”
Expanding benefits beyond the Netherlands
While Dutch businesses are the first to experience the benefits of CheckAhead, ING is already exploring its potential in other markets. Pilots are underway in Romania, Belgium, and Germany, with a full-scale rollout planned for late 2025. If introduced, CheckAhead would be a pioneering service in these countries, further enhancing ING’s Business Banking offerings.
Boosting efficiency and closing more deals
A pre-launch pilot in the Netherlands revealed that CheckAhead significantly increases business efficiency. Companies using the tool reported closing 20% more deals, thanks to greater confidence in customer creditworthiness. These insights not only streamline operations but also help businesses mitigate financial risks, positioning them for sustainable growth.
With its innovative approach, CheckAhead is set to transform credit assessments for businesses in the Netherlands and beyond, aligning with ING’s mission to empower its customers through cutting-edge digital solutions.
