The initial step to comprehension Business Credit understands what a Paydex Score is. A Paydex score is like a Fico Score, however loan specialists use it to check whether a business is prompt in paying solicitations, as a rule in thirty day net term accounts.
We teach our clients a proven method for maintaining a Paydex Score of approximately eighty, which indicates that your business pays invoices before the thirty day term period. Lenders check Paydex Scores by requesting a Business Report from one of a very select number of companies that track and publish business information, such as Dun and Bradstreet.
Because so few companies track business information, unlike Personal Credit, it is important for a business to establish and report accurate business information and correct errors should they arise. Oversight on the part of the reporting companies can be astounding; they may not even have a Business Report for your company at all, and no lender will give money to a business without one. With a solid Paydex Score in place, a company can start building Corporate Credit.
We have helped thousands get their credit back on track.
My dream was to build my own transportation company, but I lacked the personal finances and credit to do so. Then I heard about E-Fix Credit. I contacted them and by the end of my first phone ca..
After 35 years as a wife and stay at home mom, I was pretty sure that my dream of owning my own business was over. But E-Fix Credit showed me that was not true. I contacted them with my ide..
I am a contractor who has been building and remodeling homes for 25 years. I know construction backwards and forwards; but, business is not my strong suit. I had so many contracts to remodel peo..
I originally started my company with the help of an online website that promised me the moon. After I paid the fee for the most expensive package, I was emailed do-it-yourself instructions that I ..
I had been in business for two years and had lost momentum. I hit a plateau and was unable to increase business and advertise for new clients because I lacked the money to do so. I tried going t..