6 ways to build a good credit score for securing small business loans
When you are looking out for small business loans to fund your business, it is important to have
a good credit score and a robust credit history.
Lenders typically look at your credit...
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6 ways to build a good credit score for securing small business loans
When you are looking out for small business loans to fund your business, it is important to have
a good credit score and a robust credit history.
Lenders typically look at your credit score and
your credit history to find out your credit worthiness.
Below I have outlined 6 ways by which
you can build your credit score.
A credit score does play a deciding factor for a lender when he is extending you a loan on credit.
The credit history talks about the debt that you have taken and your bill payments history.
It
provides an insight to the lenders on your repaying methods and your borrowing history as well.
Credit score is a number ranging from 300 to 850.
The higher is your credit score, the more
credit worthy you become to the lenders.
Building a good credit history and keeping a good
credit score not only helps you get loans from various probable financial institutions but you also
helps you build leverage on
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