How to Find Out a Business Credit Score

Checking credit card statement image by Elzbieta Sekowska from Fotolia.com

Getting the credit score of a business may seem daunting at first, but if you know where to look, it’s really quite simple. There are two main companies that keep credit profiles on businesses: Dun & Bradstreet and Equifax Business. Dun & Bradstreet dominates, however. Dun & Bradstreet will provide you with a good idea of how the business you are looking at is measuring up, not only individually but against other companies in the same industry as well.

Search using Dun & Bradstreet's query tool at dnb.com/us. Enter the company name and home state into the search tool on the right side of the screen. While it is best to enter the state that the company uses for its headquarters, you can use a state where a subsidiary is located.

Select the appropriate result. After the query returns all of the records that meet your search requirements, click “Select” next to the record that reflects the company you are looking for.

Choose the report you wish to purchase. The easiest way to determine which report you want to review is to click on the sample reports listed below each option. In most cases, the entry level report will supply adequate information.

Read the report. After you complete your purchase, you will receive your report online. When you access the report, you will notice that there are three main payment indicators: Financial Stress Class, Credit Score Class and Paydex. The Paydex score is the most telling indicator as to how a company is doing because it measures how well a company is paying its bills. This is similar to what your credit report says about you.

Evaluate the results. If the Paydex score is 70 or above, the company is doing well when it comes to paying its debt. This is especially true if comparable businesses in the industry have around the same score. Anything under a 70 should be reviewed more closely to determine what is making the company pay its bills more slowly.

Photo Credits

  • Checking credit card statement image by Elzbieta Sekowska from Fotolia.com