1. ¿What is CIRBE?
La Risk Information Center of the Bank of Spain (CIRBE) is a registry that collects information on the credit position of companies and individuals before financial institutions. This registry is used by financial institutions to analyze the credit risk of their customers, which is why it is a key aspect in granting credit.
The information compiled by the CIRBE includes data such as the amount and date of the loans granted, as well as the type of guarantees presented for their granting. In addition, the outstanding balances and the duration of the loans are also included, among other details.
Therefore, maintaining a good credit reputation is essential to obtain financing in the future.
2. Alternative financing without CIRBE
In this sense, it is important to highlight that alternative financing, such as that offered by Workcapital, does not compute in the CIRBE.
This is because Workcapital is not a traditional financial institution. Therefore, companies that obtain financing through Workcapital will not see their debt reflected in the CIRBE, which may be beneficial for them when obtaining future financing.
In addition, Workcapital offers a series of advantages over traditional financing, such as the speed in obtaining funds, the flexibility in repayment terms and the absence of real guarantees.
In short, alternative financing can be an excellent option for those companies that are looking for a quick and efficient solution to their financing needs.
3. Guide to request a CIRBE report
We put at your disposal the following manual to help you make CIRBE requests. This guidance guide will help you in the process of consulting this registry step by step and the necessary requirements to carry it out.
To apply for the CIRBE, the following steps must be followed:
1. Enter the Banco de España website: https://sedeelectronica.bde.es/sede/es/
2. On the home page you will find the section Procedures and featured contents:
3. From Request for risk reports (CIRBE) a new page is accessed.
4. On the right wing, in the section on PROCESSING, you must press Access to the CIR Reports and Claims Request application
5. At this time you must select the digital certificate To continue with the process.
6. From risk reports Requests can be processed and reports can be downloaded
A) Request for reports
7. When accessing this section, the following screen is displayed.
To add a new request, you must click Add:
8. A new page will be displayed, in which the desired consultation date must be indicated in the text box in the format YYYY/MM (year expressed in four digits)/ (month in two digits).
Next, you must click on Accept.
9. The defined date will be incorporated into the following table of information to request:
10. To receive information about the availability of your request, you must indicate the email address where you wish to receive it, previously accepting the privacy conditions.
Next, you must Accept.
11. The availability of the requested report is not immediate, it may take up to 2 hours, appearing available in the following section of Check status and download reports.
B) Status query and report download
12. To download, you must select the consultation period that has previously been requested and that is already available in the table of Report request dates pressing the button Download.
In the available risk report, when a holder is not declared by any entity, no data appears and this situation is specified in a single document. Otherwise, the data declared by each of the entities are listed in two different documents:
– A report with details by entities, for the exclusive use of the interested party, so that they can verify the data provided by them.
– Another, summarized, in which the data of the declaring entity does not appear, which is what is sent to them when they request the information, thus preserving the confidentiality of the accredited in terms of the entities with which they work, as established the normative.
*Note that if the download does not start immediately, the browser's pop-up windows may be blocked.
- If you use Google Chrome, from CONFIGURATION you must access PRIVACY AND SECURITY.
- Within this section is SITES CONFIGURATION, where POP-UP WINDOWS AND REDIRECTIONS are established.
- Activate on Default Behavior: ALLOW SITES TO OPEN POPUPS AND USE REDIIRECTS.
Workcapital is presented as one of the best options on the market, its innovative approach and its extensive experience in the financial sector make it a trusted financier for all companies that seek financing in an agile and secure way.
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