How Can You Improve Your Business Credit Score in India

How Can You Improve Your Business Credit Sc ore in India?

Pay Your Debts on Time If you want to raise your score within months, you need to pay your dues on time. A missed or late payment can negatively impact your credit report for business. To escape fraud and negative reviews of your business, you should pay your debts on time

Review Your Business Credit Report Regularly While checking your credit report for business, the first thing to ensure is that the report is accurate. Check for discrepancies and errors as that can have a negative impact on your company credit score.

Consider Making Multiple Payments It’s wise to make timely payments to avoid a financial crunch at a later stage. However, it doesn't suffice your requirement of obtaining a good business credit report.

Maintain a Strong Credit Age Investing in a business requires time and effort alongside maintaining a good report with your lenders. While you may put efforts to flourish your business, it is also mandatory to consider building a strong credit age.

CreditQ lets you check your business credit score, and you can also generate your business CIR as and when required.

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