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Your Business Credit Score, Explained

Most people know they have personal credit scores. But not all entrepreneurs are aware that they may have a separate business credit score as well.

Much like the individual credit scores that most people are aware of, business credit scores are numbers that are meant to evaluate the financial standing of a business and their ability to repay loans. A business credit score can impact a wide array of financial decisions for a business. So understanding what goes into calculating this number and how to track or improve your business credit score can be a major benefit.

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