Understanding your business credit score is crucial for maintaining financial health and securing loans or credit lines. A good business credit score can help you negotiate better terms with suppliers and lenders. Many business owners are unaware that they can check their business credit score for free. This article will guide you on how to do that.
How to check a business credit score for free? There are several ways to check your business credit score without incurring any costs. Some credit bureaus and financial services offer free access to your business credit report and score. Websites like Nav and CreditSignal provide free services where you can monitor your business credit score. These platforms often require you to sign up for an account, but they do not charge for the basic service.
Using Nav
Nav is a popular platform that offers free access to your business credit score. By creating an account, you can view your business credit report from major credit bureaus like Experian and Dun & Bradstreet. Nav also provides insights and tips on how to improve your score, making it a valuable resource for business owners.
CreditSignal by Dun & Bradstreet
CreditSignal is another service that allows you to check your business credit score for free. This tool provides alerts and updates on changes to your Dun & Bradstreet credit report. While CreditSignal does not offer a detailed report, it gives you a snapshot of your credit score and any significant changes.
Monitoring your business credit score regularly is essential for maintaining financial stability. By using free services like Nav and CreditSignal, you can stay informed about your business’s credit health without incurring additional costs. This proactive approach can help you make better financial decisions and secure favorable terms from lenders and suppliers.