Credit Builder helps you build your business’ credit score, and therefore your creditworthiness to credit reference agencies – the people who compile and keep your credit report.
It’s a key component of your business as;
- A high credit score means lenders are more likely to give you access to a wider range of loans and other credit products with lower interest rates, saving you money.
- Unlike a personal credit score, your business credit score is available for anyone to view. Customers, suppliers and other companies can check it so this directly impacts your day-to-day business dealings – for example, when you’re negotiating contracts or tenders, or when you’re looking for insurance.