Do Paydex Scores of 80 or higher really open the credit floodgates for your business? Discover the truth behind paydex scores and the credit granting process.
Continue reading...Thursday, October 29, 2009
There’s been quite a stir on the integration of FICO® 08 which is the credit scoring system used by the majority of lenders to determine a consumer’s credit worthiness. Similar to your personal credit ratings, businesses and corporations also have a credit rating system that potential lenders use to determine its credit worthiness.
Continue reading...Tuesday, September 8, 2009
Recently I shared the benefits of building business credit with each of the business credit agencies. Separation of personal and business credit is a must for small business owners in order to eliminate personal liability and protect the integrity of the corporate veil. While this strategy creates a Paydex, Small Business Credit Risk Score, and Intelliscore for your business it’s not the only rating you should pay close attention to. Your business will also need to establish effective ‘Bank Credit’.
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Monday, April 25, 2011
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