BENEFITS OF HAVING A GOOD BUSINESS CREDIT SCOREÂ
WHAT IS A BUSINESS CREDIT SCORE? Businesses, just like individuals, are also assigned credit scores. The Company or Business Credit Score goes on to determine a company's credit worthiness that is, its likelihood to pay back on loans. Business credit score ranges between 300-900. Any score above 700 is considered good.
FEW BENEFITS OF A GOOD BUSINESS CREDIT SCORE…
IT WILL BE EASIER TO QUALIFY FOR A LOAN Most lenders have credit score qualifications, and you'll need to meet them to qualify for financing.
YOU'LL RECEIVE BETTER LOAN TERMS
Once you qualify for a loan, you could leverage your strong credit score to negotiate lower interest rates or a larger amount.
IT PROTECTS PERSONAL CREDIT
Your personal credit won't be affected by your business credit, and vice versa.
GET ACCESS TO CASH FOR GROWTH AND EXPANSION
Whether the expansion involves new facilities, equipment, or inventory, a loan can help you get started.
YOU CAN GET BOTH YOUR PERSONAL CREDIT SCORE AND BUSINESS CREDIT SCORE BY APPLYING DIRECTLY ON THE LINK MENTIONED BELOW: https://cir.crifhighmark.com
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