Business owners can reap a lot of benefits from establishing good business credit, from getting approved for business loans to forming valuable trade credit relationships with vendors and suppliers.
Yet, more than half of all business owners don’t realize they have separate credit reports for this business.
One step on the road to building better business credit is education. Deciphering what your business credit report is telling you will help understand how to improve it.
Priyanka Prakash, author at FitSmallBusiness.com, breaks down for readers everything you need to know about understanding your business credit report. The article features expert tips from Caton Hanson, Founder & SVP of Product Strategy at Nav.
In the article, Priyanka runs through the different scoring systems from business credit agencies and pulls screenshot examples from a sample business credit report, very similar to what you’ll see on your own business credit report.
She also breaks down what you can expect to pay to see your business credit information in a convenient chart. (Hint: Nav is the cheapest way to see your reports together in one spot!)
Check out the article to learn more.
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