When it comes to seeking business or corporate credit ratings, Dun & Bradstreet (D&B™) with its vast database of credit profiles on millions of companies, is one of the most popular and trusted credit reporting agencies.
D&B™ provides an in-depth and thorough evaluation of a company’s financial stability using its own proprietary “Paydex” numerical scoring system for credit worthiness.
Listed below is the Paydex Score Chart & D&B’s Business Credit Score.
|D&B’s Business Score||Description|
|0 – 24||No score or Bad. Non-traditional funding or personal loans will be the only funding you can get.|
|25 – 49||Fair Score. You will probably need to a personal guaranteed loan.|
|50 – 74||Good Score. Vendors will feel comfortable doing business with you. Securing funding may take into account property owned.|
|75 – 100||Excellent Score. Solid line of reporting vendors. Promptly paid invoices. Funding is available based on your businesses credit.|
|Paydex Score Chart||Payment Expectation|
|100||Expect payment may come early|
|90||Payments generally come within early payment discount period|
|80||Payment is prompt|
|70||Payment comes 14 days beyond terms|
|60||Payment comes 21 days beyond terms|
|50||Payment comes 30 days beyond terms|
|40||Payment comes 60 days beyond terms|
|30||Payment comes 90 days beyond terms|
|20||Payment comes 120 days beyond terms|