
Business credit scores, also known as commercial credit scores, are those used by lenders to determine whether you will be financially responsible enough to pay back a loan. Usually, these scores fall between 300 and 850, and they go up as you prove yourself as a dependable borrower. How Do Credit Agencies Determine Business Credit Scores? Business credit scores like personal FICO scores are determined by the three main credit reporting agencies, TransUnion, Equifax, and Experian. These companies collect data about all consumers and businesses in the United States. The information these agencies gather includes public records, court filings, liens, […]
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