April 11th, 2022.
Small business owners are navigating a particularly challenging period at the moment, trying to recover and reset post-pandemic, while the cost-of-living crisis is piling more financial pressure on – affecting the cost of running a business as well as the shopping habits of their consumers.For businesses seeking a loan this year, whether to invest in new premises, staff, innovation or considering support to assist with cashflow, a good understanding of your company’s credit score is a good start.
A business’s credit score is a measure of an organisation’s creditworthiness – made up from a number of factors to understand the financial position of a business and its level of financial risk.
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