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Why Is an EIN Required for Trade References?

If someone has listed your company as a trade reference, you’ll need to create a Nuvo account and verify your business before you can complete the reference request. We understand that being asked to provide your company’s EIN as part of this process may be unfamiliar, so we’d like to explain why this information is required.

Nuvo partners with thousands of suppliers that rely on trade references to make informed credit decisions. One concern we frequently hear from suppliers is the difficulty of confirming that a reference was actually completed by an authorized representative of the business listed. Inaccurate or fraudulent trade references can create significant risk during the credit review process.

To help maintain the integrity and reliability of references submitted through Nuvo, we require business verification before a trade reference can be completed. Your company’s EIN is used to help confirm your affiliation with the business and validate the company’s information against IRS records. This additional verification step helps ensure that references come from legitimate businesses and trusted representatives.

Business verification also adds an important layer of protection to the information you provide through Nuvo. By verifying the organization associated with the reference, we can better safeguard sensitive business information and provide our customers with greater confidence in the authenticity of the references they receive.

We recognize that providing an EIN may not be a step you’ve encountered when completing trade references in the past. This requirement is part of Nuvo’s commitment to creating a secure and trustworthy reference process for both the businesses providing references and the suppliers relying on them.

If you have any questions about the verification process or the trade reference request you received, please contact Nuvo Support at support@nuvo.com. Our team will be happy to assist you.

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