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HOW TO IMPROVE YOUR BUSINESS CREDIT SCORE

Admin Manager - Friday, August 01, 2014
Credit scores are complex statistical models for predicting credit risk.

While there is no guaranteed way to improve a business credit score, here are a few steps you can take to ensure that your business credit report reflects the best scores possible for your situation.

  • Check your business credit report regularly and verify that the information in it is accurate and up-to-date. 
  • Establish business credit with companies that report trades. Remember, not all business creditors report their trade information. 
  • Pay your creditors on time. Historical payment behavior with previous creditors plays a major role in calculating your business credit score.
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