Because Equifax is such a respected Job Function Email List name in credit information, the members of the SBFE rely on it totally as a means of judgment. - Experian Small Business Job Function Email List Reports Experian Small Business Job Function Email List Reports operates the same as Equifax Small Business Financial Exchange in that it offers its members a method of underwriting loans by using a credit scoring system. Both Experian Small Business Reports and Equifax Job Function Email List Small Business Financial Exchange are equal Job Function Email List in value to the lenders and leasing agents.
Neither Experian nor Equifax Job Function Email List offer the many benefits to the small business owner that Dun & Bradstreet provide. Experian and Equifax exist primarily to Job Function Email List benefit their members who are the lenders and financers you do business with to get financing. However, registration with them so that you get a credit rating built Job Function Email List up is imperative. It is very important to have a good financial credit score with all of the companies in question so that one does not single you out when you need a reference from another. Beyond the Beginning Just Job Function Email List like with your personal credit, business credit is an ongoing effort.
You need to keep a constant Job Function Email List eye on what is going on, make sure all entries on your account are accurate, and prevent your business from incurring damaging Job Function Email List reports. You need to get regular copies of your business' credit report so you are aware of what lenders are seeing. When you set up accounts with vendors make sure they report the good payment records as well as late payments to the credit reporting companies. Make your payments diligently to build up the credit rating that will help your business get loans when needed. Credit is important for other aspects of running your business beyond loans.