The Hidden Business Credit Score
Did you know you have a FICO small business credit score that banks use to help make their lending decisions?
Not only that, but the SBA also uses the score to pre-screen loans it insures.
Like your personal FICO credit score, the SBSS score can single-handedly make or break your chances of getting business financing!
The hidden business credit score
Don’t worry, if you’ve never heard of FICO’s Small Business Scoring Service (SBSS), you’re not alone. Banks aren’t required to disclose that they use the FICO SBSS score and very little information exists about it online.
Here’s how SBSS works…