February 6, 2009, Newsletter Issue #151: Small Business Credit Reporting

Tip of the Week

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.

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