Building a Credit Score

As a busy entrepreneur, it probably feels a bit daunting to research, learn, and understand your business credit reports. Doing so can feel like a part-time job when you’re stretched thin, but don’t let that dissuade you. Your business is 41% more likely to qualify for funding if you know what’s in your company’s credit reports and understand the information, according to a Nav study.

In the Real World

My colleague, Janet Ashforth, learned this the hard way with her former home-based business, Habitats Tiny Homes LLC. Ashforth said when she launched her company, she applied for a D-U-N-S number so that she would have a Dun & Bradstreet report. “I didn’t understand at the time that the D&B Paydex score