We have had some slow business credit reporting recently due some of our clients that have paid us late.
How closely is the business credit looked at?
The business credit is looked at, but it is only a small part of what is looked at that is considered. The business credit score can be somewhat low, and it will not affect the decision or approval significantly in most cases. The business credit has to be significantly deteriorated in order for it to have a significant effect on the decision, or even turn what would be an approval into a decline.