By now, you should know that whenever you apply for small business funding with a formal lender, they check your credit report.
Your report provides lenders with a host of information about your business finances, from your credit score to your financial and repayment history.
Here’s an easy guide to help you understand the different sections of a credit report.
Once you have a better understanding of the report, you’ll be able to better recognize what information about your business lenders are interested in. This way, you can strategically build your credit history and improve your chances of getting approved for the business financing you need.
If your credit score is 750 or above and you need business financing, CreditEnable can help get you the right loan.
Affordable Finance. Delivered Safely.