Benefits of Having A Good Business Credit Score

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Benefits Of Having a Good Business Credit Score 
Benefits Of Having a Good Business Credit Score 
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WHAT IS A BUSINESS CREDIT SCORE?
Businesses, just like individuals, are also
assigned credit scores.
The Company or Business Credit Score goes on to
determine a company's credit worthiness that is,
its likelihood to pay back on loans.
Business credit score ranges between 300-900.
Any score above 700 is considered good.
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Few Benefits of a good BUSINESS CREDIT SCORE
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It Will Be Easier to Qualify for a Loan

• Most lenders have credit score qualifications,
  and you'll need to meet them to qualify for
  financing.

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You'll Receive Better Loan Terms

• Once you qualify for a loan, you could leverage
  your strong credit score to negotiate lower
  interest rates or a larger amount.

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It Protects Personal Credit

• Your personal credit won't be affected by your
  business credit, and vice versa.

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Get Access to Cash for Growth and Expansion

• Whether the expansion involves new facilities,
  equipment, or inventory, a loan can help you get
  started.

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You can get both your Personal Credit Score and
Business Credit Score by applying directly on
the link mentioned belowhttps//cir.crifhighma
rk.com

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