Do you know your Paydex Score?

Just as how your personal creditworthiness is based on a FICO score, your business’ creditworthiness is typically determined by a scoring system like the PAYDEX score. The PAYDEX Score is used by suppliers, vendors, and lenders to determine what type of financing you qualify for as a business. Your score also affect the length of time you get to pay for supplies or services.

To establish a PAYDEX score, your business will need a Dunn & Bradstreet number or what many refer to as a DUNS Number.