2024/09/20

 

When you're figuring out how much money you need to start your business, it's also important to check your credit. If you have bad credit, it can make it hard to get a loan, which is money you borrow to help your business. Bad credit can also make your insurance more expensive and make other businesses less likely to work with you.

That's why it's really important to have good credit. This means paying your bills on time and being careful with borrowing money, both for yourself and for your business.

 

For checking your business credit, here are some places you can go:

Dun & Bradstreet (D&B) - One of the most widely used business credit reporting agencies. You can check your business credit score, called a D-U-N-S Number, through their platform.

Experian Business - Provides business credit reports and scores, similar to their personal credit services. You can purchase a business credit report directly from their website.

Equifax Business - Offers business credit reports and scores that can give you insights into your company's creditworthiness.

Nav - A platform that provides free and paid access to both personal and business credit reports and scores. It's a helpful tool for monitoring your business credit.

CreditSafe - A global provider of business credit reports and risk management tools, offering detailed information on your business's creditworthiness.

SBA's (Small Business Administration) Lender Match - While not directly a credit checking service, this tool can help you understand your business's financial position and what lenders might consider before offering credit.

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