
WASHINGTON, March 15, 2023 – Two-thirds of small business owners say they could benefit from outside financing, yet many of them either do not apply or do not qualify, according to SCORE, mentors to America’s small businesses and a resource partner of the U.S. Small Business Administration. One of the factors that prevents small businesses from seeking or obtaining financing is poor credit history.
“A poor credit history can hold you back when pursuing funding for your small business,” said SCORE CEO Bridget Weston. “SCORE can help entrepreneurs understand what is in a credit report