What Is Business Credit and How Can It Impact Growth?
A company’s business credit is its perceived ability to make good on financial obligations according to the terms of its contracts. This is often expressed as a collection of scores and ratings found in a business’s credit file, which is part of a company’s Live Business Identity in the Dun & Bradstreet Data Cloud. A strong business credit file can help put your potential customers, lenders, and suppliers at ease, while poor scores and ratings may impact your ability to win contracts, result in higher interest rates on loans, and otherwise limit growth.
