business credit scores

Business credit scores are numerical ratings that reflect a company's financial health and creditworthiness, based on its credit history and financial behavior. They help lenders, suppliers, and partners assess the risk of doing business with the company. A higher score indicates reliable repayment history and lower risk, making it easier to secure loans, credit lines, or favorable terms. Conversely, a lower score suggests higher risk, which can lead to higher interest rates or declined credit applications. Business credit scores are influenced by factors like payment history, debt levels, and industry stability, providing a snapshot of the company's financial reliability.