Business Credit

Business credit refers to your company's financial credibility - its ability to take on debt obligations and manage lines of credit and financing in a responsible, timely manner. It encompasses your business credit reports, credit scores that rate creditworthiness, and overall reputation with lenders.

Building robust business credit entails establishing things like business cards, vendor accounts, and equipment loans solely in your company's name, then managing that credit wisely through on-time payments. This demonstrates to financing sources that your enterprise can handle financial responsibilities.

Meanwhile, business funding encompasses the operating capital, working capital, and growth capital that companies need to launch, operate, and expand. This includes the money accessed through loans, investments, financing programs, and other cash flow that powers the business.

Strong business credit makes a company much more eligible and attractive for crucial business funding opportunities. Lenders have more confidence in providing money to businesses with an established track record of properly managing debt and financial obligations.

The top business credit bureaus in the country are Experian, Equifax, and Dun & Bradstreet.

Key facts about the three major bureaus:

Experian – Collects data on how businesses pay vendors, creditors, and suppliers. Provides Intelliscore credit scores.

Equifax - Gathers payment information from various sources including vendors. Issues Business Credit Scores.

Dun & Bradstreet (D&B) - Known for credit ratings and extensive data on public/private companies. Provides Paydex and other scores.

While there is overlap, each bureau has its own scoring models, reported information, and data sources. It's important to build a credit profile with all three to establish visibility with the most financing options. Maintaining good business credit across the major bureaus demonstrates financial responsibility.

We offer a variety of financing including business lines of credit, equipment loans, SBA loans, revenue-based financing, alternative lending programs, and more tailored to your needs.

We can assist startups, existing businesses, those without collateral, and companies/owners with personal credit challenges to get approved for financing.