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How to get a business credit score

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We've all heard about how a few years ago, Congress passed a law saying that all individuals are entitled to a free credit report once a year from each of the three major credit agencies.Now, once a year you can go online, put in your personal information, and get a free credit report so that you know just where your personal credit stands.However, what about your business?

Just like individuals, businesses also have credit ratings.It is important that you know what your business' credit score is so that you know how you will fare when you apply for loans or equipment rentals.Knowing your business credit score will also help you know how high or how low your rates will end up being.However, it's not quite as easy to get a business credit score as it is to get an individual's credit score, because there aren't any laws that have been passed for business credit scores like there have been for individual credit scores.

However, it's not impossible to find out your business credit score.You can also find out the credit score of other businesses you're thinking of doing business with.You can find these credit scores through the three major credit agencies, such as Experian.

Experian offers a number of different options for business credit scores, whether you are looking for your own business' credit score, or the credit score of a potential partner in your business ventures.You can order these business credit scores online at www.experian.com.Here are the different business credit scores that Experian offers:

Free searches: You can search SmartBusinessReports to see if there is information available on a particular business.If you can't find that business, then you won't have to pay anything.There are a range of different business credit reports that are available:

BizVerify report: $8.00.This report gives you the credit summary, the payment and collections summaries, key facts, and all insurance, banking, and leasing information about a particular business.

CreditScore report: $24.95.This particular business credit report will give you all of the key facts about a business, the credit summary, the payment and collections summaries, the insurance, banking, and leasing information about a business.In addition, you will also get the information about judgments for and against the company, all tax liens, bankruptcies, the credit ranking score, and details about collections.

ProfilePlus report: $49.95.This particular business credit report gives you all of the information that you get from the CreditScore report.In addition, you also get the details of the UCC, and you will get all of Standard and Poor's information about your company, or another company that you are investigating.

CreditInsure Subscription: $12.95/month or $99/a year.Now, this business credit report will let you have unlimited access to all of the financial information about your company, such as credit ratings, reports, judgments, and so on and so forth.Also, this particular service will send you email alerts whenever anyone searches for financial information about your company, or anything bad is posted to your file.

All three major credit agencies offer these types of services so that you can keep track of your business' credit score.It would be a good idea to invest in keeping track of your credit so that you can correct any mistakes that are made and so that you can know how your financial health is as a company.Knowing your credit report and financial information also lets you know how other companies look at your company based on this financial information.

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