As new opportunities begin to arise, having a well-established business credit file can be a crucial part of seizing these moments but where do you even begin? Most businesses fail because of cash flow—even profitable ones.
Dun & Bradstreet
Dun & Bradstreet is a great resource for helping businesses get started. It offers free business credit tools to help you understand more about what is in your business credit file and how other companies might view your business.
Monitoring your business credit Being able to monitor your business credit file with Dun & Bradstreet can help you get insights related to your file, including basic details about your company, as well as your score and ratings. Ratings help other companies evaluate the creditworthiness and financial stability of your business. This is calculated by data collected from payment history along with other data.
CreditSignal will alert you to changes to your credit scores and ratings, which is very beneficial if you are in the process of seeking a loan or partnership. It is free to sign up and view four of your Dun & Bradstreet scores and ratings for 14 days.
Get started monitoring changes to your business credit file for free HERE.
Liz Scott is a multi-business entrepreneur working to bring together technology and accountants through her business, Liz Scott Consulting. A member of Intuit Trainer/Writer Network, she authored and taught Master level courses, including Advisory Guides and Consulting Tools for Accountants. In addition to Liz Scott Consulting, she also owns Accounting Lifeline, a firm to serve small businesses with their financial needs. Liz is a co-host of the “Appy Hour,” which helps other accountants learn about the different tools and apps for small business needs. Holding a high passion for real estate investment, she owns properties throughout Oklahoma.
This post originally appeared on