What can impact my business credit score? |
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There are a number of factors that could have an adverse impact on your company's business credit score. Those factors include, but are not limited to:
- The presence of derogatory public records on the business profile, such as collections, liens, judgments and bankruptcies
- The status, recency, frequency and dollar amounts of any applicable liens, judgments, or bankruptcies
- An increased trend in slow payment of obligations
- An increase in the number of business credit inquiries or applications that are generated by the business or owner
- The number of trade experiences, balances outstanding, payment habits, credit utilization, and trends over time
- Years in business, line of business or Standard Industrial Classification (SIC), size of business and other demographic data
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