Equifax Business Credit Scores
A business credit score is a crucial insight into a company’s financial health and reliability. Lenders may use an Equifax business credit score to assess how much financing your business may qualify for.
Equifax Business Credit Report
Here is some of the information included in the Equifax Business Credit Industry Report Plus 2.0 that can help you make better business decisions.
Company data: Name, address, phone numbers, alternate business names (including DBA’s or “doing business as” names), SIC/ NAICS codes, owner and guarantor names. It may also include information such as annual sales and number of employees when available.
Trade data: Business loans, business credit cards or lines of credit, vernsors , suppliers and othertradelines may be reported. Inquiries (aka “credit pulls”) will also be listed, however, Equifax does not take inquiries into account when calculating risk scores.
Public record data: Information available through public records may include business registration information as well as business tax liens, judgments, UCC filings and bankruptcies.
Payment Index: The credit report will list the number of days, on average, that the business pays its suppliers, based on information supplied to Equifax. Equifax also reports average “Days Beyond Terms” (DBT) and compares those to national and industry averages, when available. Days Beyond Terms is the most common way payment history is reported on business credit reports. It refers to the number of days past the due date the payment is made.
Financial Data: General information about bank balances and returned checks, assets, real estate owned, inventory and sales, as available.
Equifax Business Credit Report | OneScore | Business Failure Score
$49.95
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