How does credit for a corporation work?

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How does credit for a corporation work?

Does the corporation have a "credit score" according to it's FEIN#? Or what?

2007-09-18 08:41:41 · 2 answers · asked by ? 3 in Business & Finance ➔ Credit

2 answers

Businesses have D&B ratings.

Normally when a business applies for credit, the creditor either calls a the business's bank and trades to see how they pay or the creditor pulls a D&B report.

2007-09-18 08:51:25 · answer #1 · answered by bdancer222 7 · 0⤊ 0⤋

A corporation has its own credit score with a EIN number, but if the corporation has no credit, you will be required to use your own personal credit score to get a loan.

2007-09-18 09:14:01 · answer #2 · answered by twv23512655 2 · 0⤊ 0⤋