Paydex Score Guide For Business Owners | Balboa Capital
paydex score

Paydex Score

The ultimate Paydex guide for small business owners.

Paydex score overview.

As a business owner, you know how important it is to have a good Dun and Bradstreet Paydex score. It can make it easier for you to obtain financing for your company. Furthermore, a good Paydex score can help you get more favorable credit terms and lower interest rates when applying for a small business loan or equipment financing. There are a number of reports online that indicate up to half of all business owners do not know what their business credit score is, or understand how it is calculated. Therefore, Balboa Capital created the ultimate guide with the information you need to become familiar with.

what is paydex
paydex score range

How is my Paydex score calculated?

Your Paydex score is based on your company’s 12-month payment history to vendors, suppliers, lenders, etc. It is generated and reported by Dun and Bradstreet. Simply put, if your small business pays its bills on time, it will have a higher score. The score ranges from 0-100. A score of 90 or higher indicates an excellent payment history, and a score below 80 indicates that your bills were paid late. The score is dollar-weighted. This means the bigger the bill, the more “weight” it will have on your score.

How do I get my Paydex score?

In order to get your Paydex score, you need to obtain a Dun and Bradstreet number, also referred to as a DUNS number. You can register online for your DUNS number on the Dun and Bradstreet website. It is free and takes just a few minutes. You will only need to provide basic information about your company such as its name, physical address, telephone number, etc. Once approved, you will receive your unique nine-digit identification DUNS number. If you have multiple business locations, you will need to get a DUNS number for each. Your DUNS number will establish your Dun and Bradstreet credit profile, which is used to determine your Paydex score.

get paydex score
financing with low paydex score

Can I get financing with a low Paydex score?

A low Paydex score can prevent you from getting the financing your company needs. Banks and lenders will evaluate your credit profile to measure your financial risk. Your business credit scores from the other two main credit bureaus will be looked at, too. That said, you have options with Balboa Capital. We consider all credit scores for the financing products we offer.

Small business credit resources.

How to Avoid a Business Tax Audit
Tips on how to prevent an audit before it happens.
Learn More

3 Steps to Establishing Business Credit
A must read if your company’s credit rating needs a boost.
Learn More

Infographic: Understanding Business Credit
A fun and easy-to-read visual that covers small business credit.
Learn More

Small Business Loans with Bad Credit
Don’t let a poor credit score prevent you from getting a loan.
Learn More