Your credit rating is just like your health. You can get regular check ups and maintain it, or you can wait until something goes wrong before you get it fixed. Being aware of your business’ credit file history can go a long way to not only keeping it afloat, but allowing for future expansion. GRAHAM DOESSEL addresses some common questions.
WHAT is my credit rating?
Your credit rating is really a file on your personal or business credit history and is collated by the major credit reporting agencies on anyone who has ever been credit-active. Your credit rating is then checked by any financial institution or credit provider and is used to assess both the amount you are able to borrow and your ability to repay the loan.
