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Building a Credible Business to Secure Business Credit and Financing

The very first step in building business credit is to insure your company is setup credibly, from the lender’s perspective. I hear all the time from people who tried to build their business credit and failed. And the reason most do fail when trying to build business credit is that they skip the most important

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Dun & Bradstreet Business Credit Reports

Dun & Bradstreet credit reports have a lot of information reporting on them including multiple credit scores. Your report might show multiple credit scores including your main Paydex credit score, along with D&B’s Supplier Evaluation Risk Rating score (SER) and D&B’s Supplier Stability Indicator score (SSI). Dun & Bradstreet reports also list details on payments

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3 Big Differences between Personal Credit Scores and Business Credit Scores

There are many differences between personal and business credit scores. One fundamental difference between consumer and business scores is the time frame the scores gauge someone’s risk of default over.   A business credit score is a mathematical model that is used to depict a business’s risk of going 90 days late on an account

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A few of Equifax’s Business Credit Scores

Equifax’s main business credit scoring model is the Credit Risk Score. This score was created to predict the probability of a business customer becoming seriously delinquent on supplier accounts, or bankrupt, within a 12-month period. Credit scores range from 1-100, with a lower score indicating a higher risk of serious delinquency. By definition the score

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