How To Improve Your Business Credit

You can improve your business's creditworthiness by taking the following steps: 1. Pay your bills on time. The payment experiences other companies have with you greatly impacts your FICO score. For this reason you should always pay within your suppliers terms. This is the best way to drive a positive credit rating.  2. Ensure that all your trade references are reflected on your credit report. If you pay your references on a timely basis you certainly want this information to be reflected on your report. Check your business report twice a year to make sure all your trade reference experiences are being reported. 3. Keep your personal finances up to ...