Free Business Credit Assessment
- Joy Greenwood
- Nov 20, 2019
- 3 min read
Updated: 1 day ago
Completing a free annual business credit assessment offers numerous advantages, such as identifying financial strengths and weaknesses, improving credit management, and enhancing business credibility. This proactive approach allows businesses to make informed financial decisions, optimize credit terms, and potentially access better financing options. Regular assessments can lead to improved financial health and strategic growth.
Is your D&B report reflecting your company's strength and creditworthiness?
Is your business data up-to-date and accurate?
Do you have all six of your scores and ratings?
Are your scores and ratings in a positive position for credit or contracts without unnecessary delays?
Is there anything you can do today that would help to quickly boost your company's credibility?
Wouldn't it be nice to know for sure?
With just a little more than a month left between now and the end of the year, there seems to be a revitalized interest by small business owners to complete an annual review of the data in their D&B business credit report
COMMOM FAQS
How often should I review my D&B business credit report?
At least annually, and also before major moves like applying for credit, requesting credit line increases, bidding contracts, signing leases, or expanding into new vendors.
What should I verify first during an annual D&B review?
Start with business identity accuracy (legal name, address, phone, industry/SIC), then confirm your trade lines are reporting correctly and that your scores/ratings are present and current.
What are the “six scores and ratings” I should look for on my D&B report?
Most businesses should confirm they have a complete set of key D&B scores/ratings (including payment performance and risk indicators). If any are missing, it often signals a thin file or incomplete data.
Why might I be denied for credit line increases even if I’m paying on time?
Denials can happen due to missing or outdated business data, thin reporting, negative risk indicators, or incomplete scores/ratings—so the report may not reflect your company’s true strength.
What can I do today to quickly boost credibility before applying for credit or contracts?
Correct any identity inaccuracies, ensure your profile is complete, and strengthen recent payment signals (especially with any reporting vendors). Quick wins usually come from accuracy + verified reporting.
What is included in a Business Credit Assessment?
It typically includes access to the D&B report, a one-on-one review of the business credit profile and available scores/ratings, identification of issues impacting risk ratings, and an itemized step-by-step action list to address them.
For some, an annual review has become habit when preparing for year-end close of their books. For others, it's a knee-jerk reaction after being unexpectedly denied for credit line increases in preparation for seasonal sales. And for those who are preparing to grow their business in the new year, this is a great time to start getting their ducks in a row.
Our FREE BUSINESS CREDIT ASSESSMENT service allows us to review the D&B report and provide a trained assessment of any issues that may stand between your company and your goals for moving forward. The service includes:
Access to the D&B business credit report
One-on-one review of the business credit profile and any available scores and ratings
Assessment of any pertinent issues impacting scores and risk ratings
Itemized "to-do" list of issues to be addressed
Step-by-step instructions for addressing those issues
Whatever your reason might be, getting an unbiased assessment of your business credit report by a former D&B-trained analyst could be the most important step you take before submitting credit applications, bids on upcoming projects, leases or contract documents, or make requests for credit line increases.
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