A good business credit score is vital to the success of your business. It can help you obtain business loans, increase credit lines, and get better credit terms. Learn all about business credit in this infographic that was created by Balboa Capital. It explains how business credit scores are calculated, and how you can improve yours. It also has some interesting facts about business credit that you might know about.

1. BUSINESS
CREDIT
SCORE 101
A crash course on how business
credit scores are calculated, and
how you can improve yours.
Business Credit
Score... Defined.
A business credit score
measures a company's
creditworthiness. High
scores enable businesses
to secure capital easier,
and with better rates.
BUSINESS
CREDIT
How Business Credit
Scores are Calculated
The three major commercial credit agencies that create
business credit scores are Experian, Dun & Bradstreet
(D&B), and Equifax. Each has its own scoring methodology.
Factors that
Determine Scores
~ Payment history
~ Outstanding debt
~ Available credit limit
~ Company size
~ Years in business
~ Public records
992
101
100
75
50
25
0
547
100
90
60
30
0
80
70
40
20
10
50
PAYDEXExperianEquifax
What is a Good
Business Credit Score
Good
Fair
Poor
801
Formula for a Good
Business Credit Score
Pay your bills on time
Keep your balances low
Limit your credit requests
Don't rely on personal credit
Don't avoid credit altogether
Check credit for errors
Things that Hurt
Business Credit Scores
BankruptciesTax Liens
Judgements Collections
Late Payments Excessive Debt
Business Credit
Score Report Card
15Number of months the
average small business needs
to improve its credit score
45Of SBOs surveyed did
not know they have a
business credit score
25Of small business loans
are denied because of poor
business credit scores
72Of SBOs surveyed did not
know where to find their
credit score information
46Of small businesses use
personal credit cards
Sources: Dun & Bradstreet, Wall Street Journal, Small
Business Administration, NerdWallet.com, Nav.com,
National Small Business Association
This infographic was produced by Balboa Capital,
a technology-driven financing company that provides
business owners with fast, hassle-free solutions to fuel
their growth and success.
Visit www.balboacapital.com today.