Dun & Bradstreet Business Credit Scores – Getting the Results You Want

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For a free comprehensive course with tons of resources to get your business credit score ready for any loan officer scrutiny, just subscribe to the BizAnvil Business Credit App. There is nothing to download or install. Just sign up to get started with our free online step by step guided course. We also have an upgrade Done-for-You credit building service if you want to save time.  Visit the BizAnvil Credit Building App to earn more or signup today!

 

When you are looking for Business Credit, it is advisable to use an experienced professional for the services. Using a broker will save you from dealing with salesmen who often try to sell you their products instead of listening to your needs. There are many ways in which you can secure funding for your business, and a broker will be able to access them all for you. A professional business loan broker can access the key factors that lenders use to approve loans.

Business Credit

A Business Credit Application. A business credit application can contain detailed information on a business, including its assets and liabilities, and its payment history and score with Dun & Bradstreet™. This information can also be used by future lenders, which can include future lenders, partners, or suppliers, to gauge a business or creditworthiness and stability. The information is often used to determine whether the business has sufficient borrowing power, and this is one of the primary factors that lenders use when approving short-term loans for businesses.

Dun & Bradstreet™ Business Credit Ratings. Lenders use Dun & Bradstreet Business Credit Ratings to give potential business partners an idea of a business s standing with potential creditors. This information can also be used to gauge the business’s viability as a long-term borrower. The ratings, which can be seen on the Dun & Bradstreet website, show how a business’s credit rating compared with other similar companies.

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Dun & Bradstreet™ Trade Credit Reports. Many potential business partners will want to see Dun & Bradstreet trade credit reports, to get a better understanding of their creditworthiness. This kind of report is usually not available from regular sources, such as creditors, because these reports are considered proprietary information, protected by copyright law. However, business owners with new businesses can get access to Dun & Bradstreet trade credit reports online and should make sure they receive the most recent version. This can help business owners with potential financing plans to make better decisions, and it can also help potential vendors to assess the potential strength of their ties with a new business.

Dun & Bradstreet™ Trade Reference Guide. This is the third major financial reference tool used by lenders and investors, and the information in the Dun & Bradstreet trade reference guide helps both business owners and vendors compare information in a single report. The trade references list information on more than 200 different categories, including various industry sub-industries, business types, brands, and vendors.

Good business credit scores help business owners get the financing they need for their new ventures and can give them peace of mind about the potential repayment options that their new business partners may have. Unfortunately, business credit scores aren’t all that easy to get. In order to obtain them, potential business partners will have to supply many details, including their business names and locations, Dun & Bradstreet™ business reference guides, and even more specific details about their own personal data.

All of this information can be quite valuable to potential lenders. However, it can also be a difficult process, so business owners should consider consulting an experienced consultant if they have trouble getting the numbers they want.

For a free comprehensive course with tons of resources to get your business credit score ready for any loan officer scrutiny, just subscribe to the BizAnvil Business Credit App. There is nothing to download or install. Just sign up to get started with our free online step by step guided course. We also have an upgrade Done-for-You credit building service if you want to save time.  Visit the BizAnvil Credit Building App to earn more or signup today!

 

 

Ed: BizAnvil is not affiliated, nor do we receive any compensation from the folks at Dun & Bradstreet™. Their trade name and business operations are not associated with BizAnvil in any way.