Credit Score

Both your personal and business credit scores can make all the difference when you need a loan, credit card or line of credit.

Did you know you have multiple personal credit scores? You’re probably already familiar with your FICO credit, but you also have additional scores via the various credit bureaus: Experian, TransUnion and Equifax and each credit score model varies slightly.

Additionally, your business has its own credit score from multiple credit bureaus, which is determined based on entirely different criteria. The most common business credit score is your Dun & Bradstreet Rating, but other familiar names like Experian also offer business credit.

Separating your personal and business credit is critical as you don’t want your personal financial mishaps to impact your business and vice versa.

Building credit can take time, so the sooner you start taking action, the sooner your score will rise.

Learn how to establish, improve, maintain and understand your credit scores with the articles you’ll find here. 

How Does My Personal Credit Affect My Business?

Applying for a small business loan is stressful enough without the prospect of bad credit throwing a wrench into things. Without strong personal and business credit scores, you’ll probably get stuck with unfavorable terms — if you get a loan... Read More

How Long Does It Take to Build Credit?

Whether you have bad credit or no credit at all, you might wonder: how long does it take to build good credit? The answer is that it takes patience and discipline. Of course, there is more to this, but patience... Read More

Need a Loan ASAP? 9 Tips to Raise Your Credit Score to Get Approved

Being rejected for a business loan isn’t just embarrassing — it can make starting, expanding  or maintaining a small business that much more difficult. Although any number of factors, like insufficient collateral or business credit history, might cause your application... Read More

Which Credit Cards Can Help Build Business Credit?

Business credit is, in many ways, very similar to personal credit. Credit reports, credit scores and the way credit works — money is lent to you, which you then repay — is essentially the same for business credit as for... Read More

Best Startup Loans of 2020 - Get Between $5,000 and $500,000

How much money does your business need?
DUNS Number: What Is It and Does Your Business Need One?

If you’re an entrepreneur getting your business off the ground, you might hear the term D-U-N-S Number mentioned. This number comes from Dun & Bradstreet — another name you might hear as well — which is a company that provides... Read More

Hard and Soft Credit Inquiries: What They Are And Why They Matter

Back in the day, when you wanted to find out your credit score, you had options that didn't trigger what's called a "hard inquiry." A hard inquiry of your credit can cause your credit score to drop, so checking it... Read More

subscribe for more great funding ideas,
guides & how to's

We respect your privacy. privacy policy