At Capitalise, we’re always looking for ways we can provide small businesses with the most detailed and beneficial insights to help them manage their finances more effectively. That’s why we’ve updated our platform with new, more detailed risk factors influencing business credit scores. You can login to see the new expanded risk factors on your account.
What’s new to business credit profiles?
Our platform now includes 16 detailed risk factors that provide a more granular view of what affects your business credit score. These updates have been carefully designed to give you a clearer picture of your business’s financial health and to identify specific areas for improvement. Here’s a snapshot of the categories that these new risk factors cover:
- Annual accounts and filing: Understand how your filing history impacts your score.
- Company information: See how your business structure and operational data influence your credit.
- Directors’ commercial experience: Learn how the track record of your management affects your company's creditworthiness.
- Payment performance: Track how timely payments are affecting your score.
- Legal notices: Be aware of any legal issues that might impact your credit.
- Cash and capital: Gauge how your liquidity and capital reserves influence your credit standing.
- Credit and business borrowing: Explore how your existing credit and borrowing habits affect your business credit score.
Track and improve your business credit score
Having a good business credit score is essential for securing better financing terms, accessing credit, maintaining a good relationship with other businesses and managing your financial health.
With this update, the Capitalise platform makes it even easier to track your credit score and understand each factor affecting it. This will provide you with even more insight to see where you could improve your credit profile.
Getting full detail on your risk factors
With a paid plan on Capitalise you will get the risk factors influencing your business credit score.
For our existing business customers, simply log in to your account to view the expanded risk factors associated with your business credit score. It's easy to track and understand how each element influences your score, helping you pinpoint areas for potential improvement.
Or if you’re a new customer, you can sign up for a paid plan on Capitalise.
For accountants, your Capital Report downloads will now include the latest risk factors, giving you a comprehensive tool to assist your clients better.
