How To Get Great Business Credit (80+ Paydex Score)
I found this article written by Mike over at mybusinesscreditblog.com Getting an 80 paydex score (a perfect business credit rating) is getting harder and harder but this is actually the first key to building business credit. Clients have been emailing and calling me constantly to figure out how they can get an 80 paydex score in a shorter time and we have been compiling some information on the quickest way to get the 80 paydex and this is what we have come up with. The best resource on the page are the 4 links to companies which are known to report to Dunn and Bradstreet quickly, and offer Net30 terms. The following table contains D&B’s description for each of the PAYDEX score levels. As you can see, 80 means prompt, which is good enough to get just about any line of credit or credit card you would need for your business.
D&B Score Interpretation Table
D&B PAYDEX Score
Payment Habit
100
Anticipate
90
Discount
80
Prompt
70
15 days beyond terms
60
22 days beyond terms
50
30 days beyond terms
40
60 days beyond terms
30
90 days beyond terms
20
120 days beyond terms
UN
Unavailable
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[...] How To Get Great Business Credit (80+ Paydex Score) – Getting an 80 paydex score (a perfect business credit rating) is getting harder and harder but this is actually the first key to building business credit. Clients have been emailing and calling me constantly to figure out how they can … [...]