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Definition
A business credit rating is a measure of company creditworthiness compiled by credit reference agencies from filed accounts, payment behaviour, CCJs and public data.
In plain terms
It is your company’s financial reputation as a number. It influences whether you get credit, how much, and at what price — and a surprising amount of it is within your control.
Why it matters for your company
Filing full accounts on time, paying suppliers to terms and clearing CCJs all lift the score, cutting your cost of borrowing. See improving business creditworthiness.
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