How (and Why) To Check Your Business Credit

We all know it's important to check our personal credit report. But for business owners, it's just as important to keep track of your business credit.

Why? Because it has a direct effect on your business's financial health. Your business credit score can impact the amount of business credit you receive--or whether you receive any at all. It can also affect what interest rates you'll pay and even your business insurance premium.

Keep in mind, your suppliers or potential customers can check your business credit too. This means you could be losing business without even realizing it.

Here are some other reasons why we recommend you proactively monitor your business credit:

  • Check for completeness and accuracy
  • Learn how your company compares with others in your industry
  • Examine the strengths and weaknesses of your file
  • Develop a strategy to improve your company's credit standing
  • Better control risk
  • Increase cash flow
  • Build stronger customer relationships
  • Avoid business credit fraud
  • Receive alerts on new derogatory information

Ready to check your business credit? Get started now by finding your business: