A good business credit score will allow your company to secure the best business energy deals and improve your finances even further. However, there are no quick ways to improve your credit score: it usually takes around six months for your business credit score to improve. With a few simple steps, you’ll improve your business’ financial health and create habits that will ensure growth.
• Pay bills on time. We know bills can be a headache, but you should always endeavour to pay them on time. This will not only improve your business credit score, but also your reputation. If you’re struggling to remember, then Direct Debit payments are an assured way of never missing a payment.
• Register with a credit reference agency. By making your business known to a credit agency, they will be able to help you improve your business credit score as long as you keep up with good financial habits.
• Correct any mistakes. Sometimes mistakes can go unnoticed and they can come back to haunt us. Make sure you check your credit file for any errors, such as payments marked as missed that you definitely know you paid on time. Removing any errors can help boost your business credit score.
By establishing positive financial habits, then your business credit score will improve, and you’ll be able to hunt down the best business energy deals. Want to save even more money on your energy tariffs? Then let us help you. With our team of talented experts, we can help you save money on your business energy. Join the 68,000 other businesses in the UK that we’ve helped save up to 45% on their utility bills.