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Personal Credit Score vs Business Credit Score: Everything You Need to Know (and More)
Aug19

Personal Credit Score vs Business Credit Score: Everything You Need to Know (and More)

Also known as a trade or commercial credit score, your business credit score helps financial institutions to determine whether or not you’re a good candidate for debt financing. A high business credit score can improve your chances of obtaining a business loan—and likely, you’ll be able to receive much more favorable terms. Alternatively, a low score can mean higher interest rates, and in some cases, even prevent you from being eligible to borrow.

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