Business credit scores are one of the key factors determining whether or not an enterprise qualifies for a loan. Yet surprisingly enough, most businesses don’t even know what their scores are.
This astonishing revelation has come from a new survey by Manta, an online community for small business owners.
The survey has found a majority (72 percent) of small business owners don’t know their business credit score. In fact, almost 60 percent of respondents don’t even know where they can access their scores.
The findings are based on a survey of more than 2,900 small business owners.