Anything above a 76 is considered a good score, with 100 being the lowest credit risk. One difference between Experian and Dun & Bradstreet is that Experian considers the business owner’s personal credit in the score.
Dun & Bradstreet assigns scores on a scale of 1 to 100, with 100 being the best possible PAYDEX Score. Scores are divided into three Risk Categories, with 0 to 49 indicating a high risk of late payment, 50 to 79 indicating a moderate risk, and 80 to 100 indicating a low risk.
By making payments on time and keeping credit utilization low, businesses can improve their scores. While context matters, a score of 76 is moderate risk. Targeting a score above 80 demonstrates financial stability. Lenders use business credit scores to evaluate lending risk. Suppliers check scores before offering credit.
Experian Business Credit Score Rating Scale
The Experian business credit score rating scale is as follows: 100–76: Low risk of delinquent or defaulted payment; 75–51: Low to medium risk of delinquent or defaulted payments; 50–26: Medium risk of delinquent or defaulted payments.
To see the current credit rating, search by company’s name or ticker symbol. Why should I get a DUNS number? The D-U-N-S Number is used to establish your company’s file, which can help potential partners learn more about your business.
Importance of Good Business Credit
Experian’s Intelliscore and Dun & Bradstreet both score business credit on a scale of 1 to 100. Scores above 76 are considered good. There are key differences between business and personal credit scores.
Payment history, account mix, credit utilization, and credit history length all factor into business credit scores. Timely payments, low balances, and diverse credit lines can help raise scores. Higher scores improve borrowing terms.
While context matters, a score of 76 suggests moderate risk. Scores above 80 indicate businesses less likely to default on obligations. Lenders review scores when making lending decisions. Suppliers may check before offering terms.
Building good business credit requires routinely making on-time payments, keeping balances low, and managing financials responsibly. Steps like obtaining credit lines and monitoring for errors can also help.
Good personal credit remains vital for small business owners to secure financing. Personal scores do not directly determine business scores. But lenders often review both when evaluating loan applications.
Understanding DUNS Scores
What is considered a good DUNS score? Scores range from 1 to 100, with 76 or higher being considered a good score. Dun & Bradstreet assigns scores on a scale of 1 to 100, with 100 being the best possible PAYDEX Score. Scores are divided into three Risk Categories, with 0 to 49 indicating a high risk of late payment, 50 to 79 indicating a moderate risk, and 80 to 100 indicating a low risk.
Is 76 a good Dun and Bradstreet score? A score of 76 indicates that, on average, a business has a moderate risk of defaulting on its financial obligations. However, this score alone does not provide a complete picture of a business’s creditworthiness. What matters is the context – the individual business and industry.
Scores of 80 or higher would mean you make on time or early payments, indicating financial stability. Unlike D&B’s PAYDEX score, Experian’s Intelliscore uses a combination of commercial and the business owner’s personal history to create its score.
By making payments on time and keeping credit utilization low, businesses can improve their scores. While context matters, a score of 76 is moderate risk. Targeting a score above 80 demonstrates financial stability. Lenders use business credit scores to evaluate lending risk. Suppliers check scores before offering credit.