how to improve business credit score

To improve your business credit score (CIBIL Rank), you must focus on consistent financial discipline and management:

• Ensure all loan EMIs, credit card payments, and vendor dues are paid on time, as punctual payment history is the most crucial factor.
• Keep your credit utilisation ratio low, ideally below 30-33% of your total available credit, to signal responsible credit use.
• Regularly monitor your Company Credit Report for any errors and promptly dispute inaccuracies with the credit bureau.
• Separate personal and business finances and formalise your business identity with a dedicated bank account and business credit products.