Business credit scores are like personal credit scores. The history of your company in handling of loans, paying suppliers and applying for credit are all factored in your scores in business credit. They report this information to business credit bureaus such as Equifax, Experian, and Dun & Bradstreet.
It’s common practice to protect what’s within the walls of your company. But have you ever thought about extending coverage outdoors? For instance, if someone trips in your parking lot or when your outdoor signage gets stolen. Do you have an idea whether your business owners policy (BOP) covers those risks?