With the high reliance on credit reports by lenders when it comes to approving small business loans, I thought I’d discuss things like :
- What is a credit report and how a poor credit score can affect you (harder to find loans, harder to secure government contracts, shorter supplier terms etc.)
- Where to get a copy of your report and what to look for when you’re trying to read it.
- What to do if there’s a mistake and why you need to make sure errors are corrected.
- What you need to do to improve/maintain your credit score