Your Credit Score & Funding
Having access to funding when you need it is vital for many businesses to grow and succeed, from sole traders to SMEs to PLCs.
Your business credit score will play a part in determining which lenders are willing to lend to you and what level of interest you will need to pay to access funding.
Capitalise’s platform not only provides a place to manage a business’s credit score but also to apply for funding that fits your business. With over 100 trusted lenders on the platform, from high street banks to alternative lenders, you can compare funding possiblities from across the market.
The platform can provide access to all manner of financing methods from invoice finance to asset finance and offers instant decisions prior to a full application from 4 lenders.
Capitalise allows you to monitor your business’s credit score and shows you how to improve it. A better credit score increases your chances of accessing finance at lower rates. It also allows you to monitor up to 20 other businesses in your dashboard and receive alerts when their risk profile changes.
View Your Credit Score
Access the information that lenders use when assessing your business. Discover business funding opportunities. Monitor current business funding and future options.
Understand & Improve
See positive and negative factors impacting your score. Learn how to improve your score and get assistance doing so.
Search over 100 trusted lenders. Apply online to 4 lenders with instant decisions. Discover funding that suits your business.
Monitor Other Businesses
Add up to 20 businesses to your dashboard and monitor their credit scores.
Business Credit Score FAQs
What Is A Business Credit Score?
A business credit score is used by banks or lenders to assess the level of risk involved in lending money to a business. A credit score is demonstrated by means of a scale. The scale used varies between credit agencies. Capitalise use Experian as their credit agency partner and Experian use the Commercial Delphi Score. The commercial delphi score ranges from 0 to 100, with 0 being the highest risk and 100 the lowest.
Why Is A Business Credit Score Important?
A credit score is an important, decision-making factor when negotiating payment terms with suppliers and trying to access affordable funding. Managing your score now will ensure you are better prepared for the future.
How Can A Score Be Improved?
There are numerous factors that can affect your credit score and what you need to do will be specific to your business. The quickest way to find out how you can improve your score is to check your report now, for free.
In general, improving your score can include factors such as keeping up with repayments, paying suppliers on time, avoid CCJs, reducing credit and filing your accounts on time at Companies House.
Is There A Charge To View A Credit Score?
Some companies do charge, however Capitalise offer a free service that provides everything you need to monitor, track and improve your score.
You can also upgrade to a pro account for a monthly fee.