Corra Group has added an assortment of background checks to its roster of Latin American and South American searches. As increased interest and a recovering global economy has created greater demand for a wider array of services, Corra Group is expanding its range of background searches for both employment screening and business research.
“Following the economic recovery from the Great Recession, the paradigm has changed globally but with special respect to Central America and South America,” said Gordon Basichis, Corra Group Co-Founder. “The nations comprising Latin America are boasting active economies since the recovery. There is considerable economic growth. But, since the recession, entities are exercising greater caution when engaging in trade or co-ventures in the developing nations. Gone are the days when there was a freewheeling atmosphere and the belief the party would last forever. More sober times call for greater due diligence and corporate research.
“Executives need to know if prospective clients and partners businesses are solvent and the principles reputable,” said Basichis. “In some cases, not just in Latin America, but around the world it has sometimes become an art form just to be paid for delivered goods and services. A business can spend months chasing down money owed. For the small business, this is often money that they counted on. The consequences can be devastating.”
Basichis noted that about six months ago Corra Group began receiving more inquiries regarding the types of international searches the background checking service offered, especially for Latin America. “We did our research and conducted careful sourcing, forming partnerships with researchers we found to be reputable and effective,” said Basichis. “In addition to international criminal checks, we can now offer credit checks on the principles as well as corporate credit reports on the entities. We now offer civil searches in many countries as well as identity verification checks.”
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