The Fundamentals of Your Business Credit Score: INFOGRAPHIC

Confused about the difference between your personal credit score and your business credit score? Do you know how they affect one another? You’re not alone. Many first-time entrepreneurs don’t realize that there is a difference between personal and business credit, and many assume that, like personal credit, vendors automatically report business credit. Unfortunately, this assumption is costly to small business owners who don’t actively manage the information that the credit bureaus are receiving.

While the usual players, such as Equifax and Experian, report business scores, you should pay close attention to Dunn & Bradstreet’s business credit scoring system, PAYDEX. Never heard of it? That’s ok; we’ll fill you in below.

To show you what you need to consider when building your business credit, we compiled the basics that you need to know in this infographic. Use this information to actively manage your overall score and you’ll be in an optimal position as your business continues to grow.


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