Business Credit Score vs Personal Credit Score

Business Credit Score vs Personal Credit Score

business credit score

Business credit score vs Personal Credit Score.

What’s the difference?

If you’re familiar with how to calculate a personal credit score then you already have an idea of how a business credit score works. A high personal credit score guarantees you the best interest rates and financing options and a high business credit score can do the same. However, there are some major differences between the way the two scores. We’ll discuss the differences here.

The scoring system.

Most are familiar with the personal credit scoring system which ranges from 300-850. Don’t panic if you check your business credit and find that your score is 99. That’s a great score! Why? Business credit scores use a scoring system that ranges from 0-100.

Calculation methods.

Personal credit bureaus all use the same formula for calculating an individuals credit score. This means that personal scores are fairly consistent regardless of the company reporting. Unfortunately, this isn’t the case for business credit reporting bureaus. They can use whatever formula they like to calculate a credit score. This means that a business’s credit score can vary greatly depending on the agency that made the report.

Information included in the report.

In general, business credit reports contain only the accounts under the company’s name, not personal accounts. However, this doesn’t mean a lender won’t check your personal credit if you are requesting funds for your business. This is especially true for small business owners because their personal and business finances are often closely related.


You are entitled to view a free personal credit report from each of the three major credit bureaus once every twelve months. In addition, you can also access your FICO score anytime through your bank or through many credit card companies. Unfortunately, this isn’t the case for a business credit score. Anytime you want to check it you’ll have to pay.


No one can have access to your personal credit score unless you give them consent. Once again, this isn’t the case for a business credit score. In order for anyone to access your company’s credit score, all they have to do is pay.

If you have questions about your business’s credit score contact the financial pros at Potter and LaMarca today!

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