Business credit reports form the basis for decisions other businesses make about you. By using our convenient business credit reporting service, you can make sure that data in your business credit report is accurate, which will enable the following financial decisions:
- How much business credit a supplier will extend to you
- What interest rates you will pay
- How much money lending institutions will loan you
- How your customers view you
- What your insurance premiums will be
- The level of potential investor interest
How does business credit monitoring work?
Business credit monitoring keeps a daily watch on your business credit report and score for any changes reported to Experian, including changes that can be linked to inaccurate or fraudulent activity. It works by sending you alerts when there is activity or changes in your business credit, making it easy for you to stay on top of your business credit and financial information.
Why do I need business credit monitoring?
Business credit monitoring can help you spot inaccuracies in your business credit report that could be the result of outdated or misreported information, including business identity theft that can negatively affect your business credit score. Such negative impacts to your business credit report could lead to higher interest rates and even a small business credit card or loan rejection. Keeping track of the changes in your business credit report can give you enough time to repair any issues that might be a factor when applying for small business credit tradeline.
Monitoring your business credit can help you better prepare for business growth opportunities and avoid surprises when you go to apply for loans. Generally, it's recommended to monitor your business credit report and score for at least three months before getting a small business loan or line of credit. That way, you can ensure everything is in order and see what improvements you can make. It's also a good idea to check your business credit report after your loan to verify the accuracy and know the impacts to your business credit score.
Enrollment in Experian's Business Credit AdvantageTM unlimited access and monitoring service is the best way to manage and grow your business credit. Unlimited access to your business credit report gives you the tools you need to manage and grow your credit score. And, automatic email alerts provide you the monitoring tools to watch your credit file for any inquires or derogatory filings.
Enrollment in Experian's Business Credit Advantage program also provides your business with business identity monitoring powered by CyberAgent®. CyberAgent, Experian's priority monitoring technology, proactively detects stolen business identifiable information and compromised confidential data online. CyberAgent is the only identity monitoring solution designed for proactive cyber detection on an international level - breaking language barriers and detecting identity theft across the globe. At any point in time, our CyberAgent technology is monitoring thousands of websites and millions of data points, alerting you if we find your business information in a compromised position online. This information is being gathered in real-time, giving you the opportunity to react quickly and take the necessary steps to protect your business.
Experian is a leader in providing business credit data.
Whether you monitor your own report or evaluate others, Experian has the ideal small-business reporting service for you. Business owners, accountants and administrators will find Experian's business credit reports and subscriptions to be the best value for the money, giving you the choice to instantly monitor your business credit reputation or evaluate business backgrounds and credit scores.
Enroll in business credit and identity monitoring today!
Watch how Experian supports small businesses and their credit futures
Washington DC renovation firm sees growth through actively monitoring their business credit profile
Everett N., owner of Elegant Renovations, LLC in Washington DC, understands the value of
actively monitoring his business's credit profile. His renovation and construction business
has seen strong growth because he can fund many of the home renovation projects he takes on.
Gaining consistent access to capital requires strong credit, so Everett turns to
Experian Business Credit Advantage to keep tabs on his business credit.
Construction and design firm growing successfully with Experian business credit monitoring
John C., the owner of Lilyshea Design, shares his experience with monitoring for fraud to gain access to capital in his construction and design firm Lilyshea Design, LLC, based in New Jersey. With over 15 years of experience in the industry, John emphasizes the importance of monitoring his credit score and utilizing tools like Business Credit Advantage to ensure financial health for his business. John shares how he manages his credit, monitors for any fraud incidents, and maintains good credit health to secure funding for future projects.
Pet services business owner Tammy uses Experian to protect identity and credentials
Two years ago this small business was hacked on social media. Someone tried to take over their business. So it is critical that ongoing monitoring is part of how they do business to safeguard their reputation. Experian Business Credit Advantage empowers Alone at Home Pet Services with all of the information about their business. It alerts them any moment information about their business appears on the Dark Web.
Tammy, the owner, feels empowered with the ongoing monitoring of her small business. She tells us her Business Credit Advantage subscription enables her company to check their credit reports frequently and maintain their good credit health, and peace of mind.
Sewer and drain services business owner Mike uses Experian to gain more favorable business credit
Mike O., Owner of Evenflow Sewer and Drain Service in Kings Park, New York, shares how his subscription to Experian Business Credit Advantage has helped him gain access to more favorable financing options. Mike says he checks his business credit profile at least once a day to make sure he is keeping his payments current with his trading partners.