How to Check My Business Credit Score

A good business score is key to obtaining low-interest loans

With the downturn in the economy, credit has been tougher to obtain for both consumers and businesses. But just like consumers, business owners need to keep tabs on their business credit score which can impact whether they can obtain loans for equipment, inventory or to bolster cash flow. Scores can be obtained through the same agencies that report consumer credit scores such as Experian, Transunion and Equifax. Dun and Bradstreet, which reports only business information is also a source of information. These agencies typically charge a fee.

Things You'll Need

• Computer
• Phone
• Business tax identification number

Instructions

1. 

   Credit scores are also important in business.

   Use your business identification number, address, and city and state where the business is based to write or go online to contact the credit reporting agencies that track business credit scores.

2. Check for your credit report within 30 days if you made your request in writing from the credit reporting agency, or immediately if you are using their online service.

3. Check the report for errors and dispute mistakes following each reporting agency's guidelines.

Tips & Warnings

• Just like consumer reports, business credit scores should be checked every six months to one year.

References

• Trans Union: Contact us
• Equifax: FAQ
• Experian: Understanding Business Credit

Resources

• Experian
• Transunion
• Equifax
• Dunn and Bradstreet