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Maintaining a positive cash flow is one of the biggest challenges of running a business. In the competitive market, maintaining a healthy business credit score is crucial for securing the finances of the business. A good business credit score makes it easy for businesses to qualify for loans and enjoy very favorable business interest rates. Red Flags in Business Credit Report Business owners should periodically monitor their business credit reports for errors and inaccuracies. Even minor mistakes in credit reports can impact a business’s rating. If there are any inaccuracies on the credit report, it should be reported to the credit bureau and rectified at the earliest. Some of the red flags to watch out for while reading the business credit report are, If the business notices any of these red flags, then it should take appropriate remedial measures to improve its credit score. Also, irrespective of the business credit score, business owners should take care of their personal credit scores as well, before granting loans. They should ensure to keep their business and personal finances separate so that it is easier to manage the cash flow of the company. Maintaining appropriate business and personal credit scores helps in improving […]