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A business credit score is a rating whose goal is to demonstrate how financially responsible a business is as well as its potential for profitability. The number and type of creditapplications, payment history, history of debt, company structure and personal credit score of the founders or owners all affect a business credit score.
This third party can be responsible for reports such as aging reports, scheduling payment reminders, tracking and collecting overdue invoices, and identifying high-risk customers to avoid extending more credit than they can realistically take on. These modules include: Credit Management and Monitoring. Cash Application.
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