Using an 80 Paydex to Get Trade Credit or Unsecured Business Loans

When opportunity comes knocking you want to be ready, with enough capital to back up what needs to be done. Unsecured business lines of credit are often the obvious solution, but getting approved is sometimes a challenge. Whether your business requires regularly scheduled maintenance, state-of-the-art improvements, or basic expansions, you might eventually have to open up few unsecured business lines of credit to see it through. Your corporate credit rating, or Paydex score, measures your ability to handle financial obligations as a business. Unless that Paydex score is 80 out of 100 or above, your chances of getting approved for the help you need may be slim to none.

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