From the Author
We often get this question with our new (and sometimes returning) clients. In the following article, we discuss the credit review process and the importance of business credit.
Did you know that more than 53 million U.S. citizens don’t have any credit score? In fact, in these cases, there is not enough available information to generate a credit score. Having no credit score can lead you to be underbanked or even unbanked. This can be true not only for you as an individual, but also for your company. This is why it is crucial to understand how the credit review process works when seeking financing.
Ideally, you should review your current business credit report. In fact, checking a credit report on a consistent basis can make a big difference, especially if you want to build better credit. Remember, you have the right to review the credit information and review your annual credit report. It is an effective way to keep an eye on your credit score and to start making the decisions that will get you approved for financing.
Blue Street Capital
Here at Blue Street Capital, we aim to provide you with the most up-to-date information on the financing industry so that you can become an educated buyer. Should you have any questions about this article, or any other information related to the equipment financing industry, please feel free to reach out to us using the contact form below. You may also give us a call at 714-316-1180.