What is a business credit score and other FAQs

What is a business credit score and other FAQs

You’re probably familiar with the personal credit score as a measure of a consumer’s ability to repay a loan. Likewise, the business credit score is a measure of a business’ credit health. When a business needs to borrow money, a creditor will assess the condition of...
Days Sales Outstanding (DSO) and how to halve it

Days Sales Outstanding (DSO) and how to halve it

Days Sales Outstanding, or DSO, is the average number of days for a business to collect a cash payment from a credit sale. When a business sells on credit, it gives its customers permission to pay in cash at a later date. The average time to pay for a given period is...
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