SIC

Overview

Standard Industrial Classification (SIC) information includes the SIC code, the industry grouping, a description of the industry, and the relative importance of the SIC code. You can use SIC information in your credit analysis and can include SIC codes in reports that you create. Business processes and scorecards can use SIC codes when analyzing credit risk and making credit decisions.

By entering search information, you can use eCredit to locate and automatically enter precise SIC information.

You can add multiple SIC information codes for each customer. You must assign SIC codes an importance to identify the SIC code that best describes the company's business.

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