Smart Ways to Improve Your Business Credit Score

Having a good business credit score is very important for any company. It shows how trustworthy your business is when it comes to handling money. A strong credit score can help you get loans easily, work with better suppliers, and even get better deals on payments. Whether you’re starting a new business or already running one, improving your business credit score can make a big difference. It helps your company grow, builds trust with banks and partners, and gives you more financial freedom.

In this blog, we’ll walk you through simple steps you can take to improve your business’s credit score. You’ll also learn how to check your credit score free online and keep track of your progress.

Why business credit score matters?

Your business credit score shows how well your company handles money and pays its bills. Just like personal credit scores, it helps others decide if they can trust your business financially.

Banks, suppliers, and even new customers may check your credit score before working with you. If your score is high, they’ll feel more confident giving you a loan or offering you better payment terms.

In short, a good business credit score helps you:

• Get loans more easily
• Pay lower interest rates
• Build stronger relationships with suppliers and partners

That’s why improving and keeping a good credit score is important for every business.

Steps to improve your business credit score

Here are some actions you can take to boost your credit score and make your business look more trustworthy to lenders and partners:

• Register your business properly

Make sure your business is set up legally as a company (like an LLP, Pvt Ltd, or sole proprietorship). Also, get an EIN (Employer Identification Number) as it works like a business PAN number and helps in building your credit record.

• Open a business bank account

Keep your business money separate from your personal money. Use a business bank account for all company-related income and expenses. This shows that your business is well-organised and financially responsible.

• Get a D-U-N-S number

Apply for a D-U-N-S number from Dun & Bradstreet. It’s like a unique ID for your business and is often used by banks and credit bureaus to track your business credit history.

• Use a business credit card

Apply for a credit card in your business’s name and use it for regular expenses. Make sure you pay the bill on time and don’t spend more than you can afford. This helps build a good credit history.

• Work with vendors that report to credit bureaus

When you buy goods or services from suppliers, ask them to report your payment history to credit bureaus. Regular, on-time payments help improve your score.

• Keep an eye on your credit reports

Check your business credit reports regularly to make sure there are no mistakes. If you spot any wrong information, get it corrected quickly to avoid problems.

• Always pay on time

Late payments are one of the biggest reasons for a low credit score. Make it a habit to pay your bills before the due date. This builds trust and keeps your score healthy.

How to check your credit score for free online with TallyPrime?

Did you know you can now check your credit score free online directly through TallyCapital?

TallyPrime makes it easy for business owners to keep track of their credit health without needing to visit multiple websites. With its built-in credit score feature, you can view your business credit card score in just a few clicks—right from your Tally dashboard.

Why use TallyCapital to check credit scores?

• Quick & free access – You can check your credit score free anytime.
• Real-time insights – See updated credit scores and reports to understand where your business stands.
• Business-focused – Get score details that matter for business decisions, loan approvals, and supplier confidence.

Final thoughts

Improving your business credit score isn’t something that can happen overnight—but with the right steps, it’s completely doable. From managing payments on time to keeping your financial records clear, every small action counts. With TallyCapital, you can stay on top of your business finances and even check your credit score online for free without any hassle. When your accounts are well-managed and your credit score is healthy, it becomes much easier to grow your business with confidence.