A business credit score predicts how likely a company is to meet its financial obligations over the next 12 months, drawing on factors such as:

• Trade payment behaviour

• ATO tax defaults

• Court judgments

• ASIC notices

According to CreditorWatch, a score of 700 or higher is generally considered a strong credit profile. A score below 500 could result in stricter lending terms or declined applications.

While a strong credit profile is always beneficial, a lower score doesn’t necessarily mean you’ve run out of finance options.

Direct Credit Home Loans may consider credit-impaired borrowers in certain circumstances, assessing your business’s overall financial position, not just its credit score.

#businessfinance #commercialproperty #creditscore

If your business credit history has made it difficult to secure a commercial property loan, Direct Credit Home Loans may be able to help. Contact us on (07) 3726 1124 or email [email protected] to discuss your circumstances.