Your business credit score is just as important to your business as your personal credit score is to your personal finances. Checking your business score should be on your list of annual tasks. You want to make sure that the credit bureaus have the information correct. Your score can indicate fraud. And other businesses can check your credit score to decide whether to do business with you.
How Can You Check Your Business Credit?
Checking your business credit report is a bit more complicated than your personal credit. The main three credit bureaus are Experian, Equifax and Dun & Bradstreet. Ideally, you should check all three credit reports. To get the full report, you’ll most likely have to pay a fee.
Fortunately, there are some services that provide information about your credit report for free.
- Dun & Bradstreet – CreditSignal alerts you to changes
of your business credit score. - com – credit monitoring service that provides free reports from Experian and Dun & Bradstreet when you sign up for an account. It’s free, but you do only get summaries.
- net – when you sign up, you get a seven-day trial and access to seven credit reports. You’ll have to pay for future access, but it doesn’t take a credit card to get started.
- com – get a free business credit report to get started. Again, to monitor your account, you’ll need a subscription.
Scorely – you’ll get a free report when you open your account. The subscription provides data and tips to boost your score.
You can also get a free copy of your business credit report if you are turned down for a loan. Send a written request to the bureau that the lender used to determine your eligibility for the loan.
Contact 5 Star Funding Group for financing for your business. We can help you build your business credit score to get better deals.
