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Definition
A business credit score is a number, often on a 0–100 scale, that credit reference agencies such as Experian, Equifax and Creditsafe assign to a limited company. It reflects the company's payment history, filed accounts, public records like CCJs, and industry, expressing the risk of extending it credit.
Why it matters
Because a company is a separate legal person, its score is distinct from the director's personal credit. With a no-personal-guarantee lender, the company's score carries the decision. See the full guide and how to improve it.
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