Want A Good Business Credit Score? This ONE Thing Matters the Most

Wondering what a good business credit score entails?

While each business credit bureau has it’s own score and scoring model…

There’s ONE single factor that makes up good business credit scores more than anything else…

That’s paying your bills ON TIME.

We know it sounds like common sense but it’s super important!

Here’s why… Of the 3 main business credit bureaus, at least one score per bureaus is based on whether a business pays its bills on time. Here’s how you know it’s true…

The D&B PAYDEX score is the most widely used business credit score in the world and it’s solely based on payment history. The Equifax Small Business Risk Score is also solely based on payment history. And it makes up 65% of The Experian Business Intelliscore.

Did you catch that?

The top 3 major business credit reporting agencies all agree that PAYMENT HISTORY THE MOST IMPORTANT FACTOR FOR BUSINESS CREDIT.

That’s how important it is to pay your bills on time – EVERY time.

On-time/Early Payments = Good Business Credit Scores

Because unlike consumer credit – business credit card companies are not legally required to follow the same protections set in place for consumer credit cards, so fees and penalties can sneak up on you quickly. Not only that, you may have to face other consequences as well such as…

What’s the Best Way to Avoid Late Payments?

The easiest way to prevent late payments is to set up automatic payments as soon as you open or purchase from your new account. That way you’ll always pay on time and won’t have to remember to do it manually.

Want more great tips to help you get good business credit scores for your company?

Inside Corporate Credit Secrets we’ll take you step-by-step through the process of establishing corporate credit for your company efficiently and help you improve your personal credit score along the way.

You’ll also learn hundreds of little-known credit tips that’ll allow you to maintain excellent business credit, help you save time and make sure you get the most (and highest limit) approvals possible.

We can’t wait for you to get started – we have so much to show you…

Learn More About the Corporate Credit Secrets Program

Want to ensure you get approved for more credit offers? Check out our post tomorrow – we’ll be sharing a few things to never put on a credit application.

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