Whether you’re looking to understand your business credit score or looking to grow your business credit, our easy-to-understand articles and guides will set you on the path to building the best business credit score possible. With good business credit, you’ll have a solid foundation for financial business health.
According to the Federal Reserve Bank of New York, more than 50 percent of small business owners who apply for loans fail to obtain them, and it’s usually because of poor business and personal credit scores (or recipients that have been mismatched with lenders).
Bank of America offers three primary business credit cards. It’s not uncommon for many banks to offer specific credit cards catering to business customers, with features and benefits that could help you cut costs upfront.
The industry continues to tout the many, many reasons why small businesses like yours need business credit, as well as the integral role it can play in taking your company to the next level.
In this post, we'll explain how Experian calculates your business’ credit score and walk you through the credit report that comes with it.