Read this tip to make your life smarter, better, faster and wiser. LifeTips is the place to go when you need to know about Business Credit Reports and other Credit Report topics.

How can a lender see the credit history of a small busienss?

Small Business Credit Reporting

When considering the repayment history for small businesses, a potential lender can review a commercial credit history available through a business credit reporting agency. This information provides details on good payment items as well as negatives like liens, bankruptcy and collections. For a business, the credit history is important since it can be reviewed by more than just financial institutions but also suppliers and subcontractors.

Comments

Nobody has commented on this tip yet. Be the first.

Ask a Question

Not finding the advice and tips you need on this Credit Report Tip Site? Request a Tip Now!

Guru Spotlight

Phyllis Serbes

Ever wonder how you could make your life better and more fun? So have tens of millions of fans who have turned to LifeTips for answers over the past decade. We keep the tips, advice, books, podcasts and writing services flowing, so you can keep your life and business growing in the right direction. Upward!