Sentences with phrase «business failure score»
Equifax offers three different assessments for businesses on its business credit reports: the payment index, the credit risk score and the business failure score.
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Finally, Equifax issues a «Business Failure Score» (range: 1,000 to 1,880), which asses the risk of a company going under and dissolving.
Business Failure Score predicts the likelihood of a business failing through either formal or informal bankruptcy
The Business Failure Score predicts the possibility of your business failing over the next year, whether informally or formally through bankruptcy.
Instead of reporting one score, Equifax reports three business credit scores: Payment Index, Business Credit Risk Score and Business Failure Score.
For instance, the Equifax business failure score scale goes from 1000 to 1880.
This is known as their business failure score, and looks at both outstanding debts as well as any reported delinquencies from vendors that do business with you.
The business failure score measures the likelihood of a business closing.
Equifax offers three different assessments for businesses: the payment index, the credit risk score, and the business failure score.
Instead of reporting a single score, Equifax reports three different business credit scores: Payment Index Score, Business Credit Risk Score and Business Failure Score.
The Business Failure Score predicts the possibility of your business failing over the next year, whether informally or formally through bankruptcy.
Not exact matches
Failure scores are designed to predict the likelihood of business failure in a 12 - month Failure scores are designed to predict the likelihood of business failure in a 12 - month failure in a 12 - month period.
A business failure can impact your personal credit score If your business fails and you end up with a credit card balance you can't pay off, it will go on your personal credit report.
When determining a business's Credit Risk and Failure Scores, Equifax evaluates payment trends, credit history, public records and firmographics.
Business leaders expressed concern that insufficient reading skills among the workforce were reducing America's international competitiveness; the public and policymakers lamented California's plunging reading scores on the NAEP; and scholars pointed to the dire personal, social, and economic consequences of reading failure.
Failure scores are designed to predict the likelihood of business failure in a 12 - month Failure scores are designed to predict the likelihood of business failure in a 12 - month failure in a 12 - month period.
It also scored well for having one of the lowest percentages of small business failures for a small city.
-- Provides business credit and failure scores that are built on pre-recession, recession and post-recession data.
A business failure can impact your personal credit score If your business fails and you end up with a credit card balance you can't pay off, it will go on your personal credit report.