Business Credit 101: From Zero to Excellent

Business credit basics

Simply put, business credit measures how well your business pays its bills. It’s separate from personal credit, and can be a powerful tool to give your business financial flexibility.

Business credit scores are calculated by business credit bureaus like Dun & Bradstreet, Experian, and Equifax. The bureaus collect data from lenders, suppliers, and public records to assess your business’s financial responsibility. Business partners can use it as a gut-check of your business’s trustworthiness when deciding to work with you. 

For business owners, a strong business credit score can translate into lower interest rates, better trade credit with vendors, and access to the financial support you need to grow and maintain your business.

Building business credit takes time, but consistency is the key to unlocking long-term progress. To unlock the tools and guidance you need to build business credit with all three major bureaus, get started with Nav Prime.