How do creditors see your business?

Understanding your business credit score

If you need help call us on:

0844 481 8888
Select option 4
8am - 6pm Mon - Fri

Email us

Get yout own company report

Free video and guide:

"How to improve your credit score"

What is my business credit score?

Your business credit score is one way in which lenders and the companies you do business with assess if you can repay what you owe and decide the payment terms to set you.

Your business credit report says a lot about you and can affect your business in several ways. It can determine how you appear to other companies and can be the deciding factor in whether or not people choose to trade with you. If you are looking to expand or improve your business and want a loan, your business credit score may affect how much a bank is willing to lend, or even if they are willing to lend to you at all. hhh

How is my Experian business credit score calculated?

Your business credit score is a number usually between 0 and 100, and the higher the score the less risky you appear.
It is calculated slightly differently by different lenders, however, most business credit scores take the following factors into account:

  • The amount you owe to other businesses or accounts
  • Your payment history - any late payments on accounts which you owe money to will be recorded and may lower your credit score
  • Information available from public records such as bankruptcies and court judgements
  • The length of your credit history
What is the benefit of knowing my business credit score?

Show your business is stable and negotiate the best credit terms. Lenders, suppliers and your customers will all be interested in the financial health of your business.

Bring your data right up to date. If your credit score isn’t what you’d hoped for, you can implement ways to improve your business credit score for the future.

You may not want to use Business check to run your own company reports as each time you do a footprint will be left on your credit report. Experian offer an expert consultation with the opportunity to submit latest information using our Own Company Report and Credit Review Service.

Find out more about the Own Company Report and Credit Review Service

* From £8.99 for an overview report

How it works

  • You search online for the business or director you want to check
  • You download an instant report - basic or full and add optional alerts
  • See a clear picture of a company’s financial status and directors

Why use Business Check?

  • Avoid bad debt and cash flow issues by checking a business
  • Take the right action when faced with payment problems
  • Know who you are talking to with director information and company structure
  • © 2015 Experian. All rights reserved