What affects my business credit score?

Several factors can influence your business credit score, including your payment history, credit utilization, the length of your credit history, and the types of credit you have used. Paying bills on time and keeping credit balances low can positively impact your score.

How can I improve my business credit score?

Improving your business credit score involves a few key steps: - Ensure you pay bills promptly. - Maintain a low credit utilization ratio. - Regularly review credit reports for errors. - Diversify your credit types when possible.

Is my personal credit score linked to my business credit score?

While your personal and business credit scores are separate, some lenders may consider your personal credit, particularly if your business is new or lacks extensive credit history. It's vital to maintain both personal and business financial health for credibility.