A Complete Guide to Understanding Business Credit Scores
Just like personal credit scores, business credit scores are a key factor that lenders, suppliers, and other businesses use to evaluate your company’s financial health and creditworthiness. Understanding your business credit score is crucial because it can directly impact your ability to secure funding, negotiate better terms with suppliers, and grow your business.
In this comprehensive guide, we’ll cover what business credit scores are, how they are calculated, how they affect your business, and how you can improve your credit score to open doors to more financial opportunities.