What makes up your business credit score? What gives you the best chances of getting a loan? Here are a few factors that play into your business credit picture, and what you can do to make the most of them: 1. Payment History – Your payment history is an important part of your business credit
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A lot of people don’t understand the consumer credit system, and many more don’t understand the business credit system. Today I’m going to cover a couple of common business credit “myths”, and explain the truth that can be learned from them. Myth #1: Business Credit is Just Like Personal Credit This sounds like it ought
The main credit score used in the business world is known as a Paydex score provided by Dun and Bradstreet.This number assess a business’s lending risk much the same as a consumer credit score reflects a consumer’s individual credit risk. Paydex is essentially the business equivalent of your personal credit score. The exact definition from