Common Questions and Answers

Can't I just use my personal credit?

Answer :
It's true that many small business owners fail to separate their business expenses from their personal expenses. The credit card used to take the family out to dinner also gets used to gas up a company vehicle or to pay for supplies used by the business. Half of all small businesses use some form of personal credit to finance their businesses.

However, the weakness of relying solely on personal credit is clear. If your business ever becomes at risk, your personal credit score becomes at risk as well.

Additionally, many creditors today are moving away from relying on personal credit alone when judging the financial health of the owner's small business. Personal credit is considered in the industry not ideal in predicting business behavior. Furthermore, smart creditors are taking advantage of new blended commercial scoring tools that integrate both personal and business credit attributes to assess and predict small business risk.

5 Reasons to Monitor Your Business

Business owner

  • 24/7 monitoring of your company's Experian credit score
  • Automatic email alerts of any unusual activity in your company's credit report that might indicate fraud
  • Unlimited access to your company's most up-to-date credit report and score
  • Dark Web Surveillance
  • Business Fraud Resolution Support

Related questions

How do I get a business credit score and report?

Can business credit reports save my business money?

How do businesses benefit from using public records to make business decisions?

Why is it important to monitor my business credit report?

Do you have more questions regarding Experian business credit reports? Return to the home page of for more commonly asked business credit questions, additional resources, and special offers to help you manage and grow a business.

You may also view our full list of frequently asked questions by visiting this page.
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