What is a D-U-N-S Number?The D&B D-U-N-S® Number is a unique nine-digit identifier for businesses. It is used to establish a business credit file, which is often referenced by lenders and potential business partners to help predict the reliability and/or financial stability of the company in question. D-U-N-S, which stands for data universal number system, is used to and maintain accurate and timely information on +250 M global businesses.
Why do I need a D‑U‑N‑S Number?The D-U-N-S Number has been referred to as the “Social Security number for businesses.” In reality, it’s even more pervasive than Social Security. The system is used in dozens of countries around the world, including the U.S., Australia, and the European Union, and confers numerous benefits on businesses that participate. The business credit file associated with your business’s D-U-N-S Number can help potential partners and lenders learn about your business and make informed decisions about whether or not to work with you as a client, supplier or partner. Even after you’ve signed a contract or accepted a loan, your D-U-N-S Number can be used to help get a clear view of your business, which can help you negotiate for improved terms and conditions or a favorable line of credit.