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13 Surprising Factors That Affect Your Credit Score (and Why Small Business Owners Should Care)

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When a credit bureau computes your credit score, their job is to produce a number that estimates—given your past and current financial history—how likely you are to default on future debts. There are five notable components of a personal credit score. 13 Lesser-Known Factors That Can Affect You Credit Score.

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60 Business Finance Terms and Definitions You Absolutely Should Know

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Items like how large the company is, how long has it been in business, amount and type of credit issued to the business, how credit has been managed, and any legal filings (i.e., bankruptcy) are all questions addressed by the business credit report. Business Credit Score. Credit Limit. Financial Statements.

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60 Business Finance Terms and Definitions Every Small Business Owner Should Know

Fundera

Items like how large the company is, how long has it been in business, amount and type of credit issued to the business, how credit has been managed, and any legal filings (i.e., bankruptcy) are all questions addressed by the business credit report. Business Credit Score. Credit Limit. Financial Statements.