You are using an unsupported browser. Please update your browser to the latest version on or before July 31, 2020.
close
You are viewing the article in preview mode. It is not live at the moment.

Business: Credit Reporting

Most entrepreneurs focus so hard on their personal credit score that they completely ignore the one that matters most for scaling: their business credit report .

Unlike the consumer world, there are three primary agencies watching your business: business credit reporting

Good business credit reporting allows you to stop "personally guaranteeing" every loan. By building a strong corporate profile, you protect your personal assets and keep your personal credit utilization low—even when your business is making huge inventory purchases. Most entrepreneurs focus so hard on their personal

Did you know that over to these bureaus? You could be paying your bills on time for years and have a "thin file" that makes you look like a ghost to a bank. Did you know that over to these bureaus

The most critical player. You need a D-U-N-S Number from them to even start a credit file.

To get a "perfect" score with Dun & Bradstreet (a 100 Paydex), you actually have to pay your bills early , not just on time. 4. Keeping Your Personal Life Separate

Most entrepreneurs focus so hard on their personal credit score that they completely ignore the one that matters most for scaling: their business credit report .

Unlike the consumer world, there are three primary agencies watching your business:

Good business credit reporting allows you to stop "personally guaranteeing" every loan. By building a strong corporate profile, you protect your personal assets and keep your personal credit utilization low—even when your business is making huge inventory purchases.

Did you know that over to these bureaus? You could be paying your bills on time for years and have a "thin file" that makes you look like a ghost to a bank.

The most critical player. You need a D-U-N-S Number from them to even start a credit file.

To get a "perfect" score with Dun & Bradstreet (a 100 Paydex), you actually have to pay your bills early , not just on time. 4. Keeping Your Personal Life Separate

scroll to top icon