Skip to content
How to Fix Business Credit Score
- Review current financial situation
- Identify inaccuracies in the report
- Rectify any errors
- Maintain balance below 30% limit on accounts
- Make timely payments
Tips for Improving Business Credit Score
- Apply for a Business Credit Card
- Talk to creditors
- Pay bills early or on time
Factors Affecting Business Credit
- Lending and credit utilization
- Impact of bad credit on loan terms
Monitoring Business Credit
- Check D&B business credit report with PAYDEX score
- Obtain copies of Equifax, Experian, and TransUnion reports yearly
Credit Repair
- Consider credit repair for scores below 740
- Obtain personal and business credit reports
Timeline for Repairing Business Credit
- Review financial situation
- Identify and rectify errors
- Maintain balances below 30% limit
- Apply for a business credit card
- Talk to creditors
- Make timely payments