5 ways to prevent a poor credit score from tripping up your business By Carin Smith A poor credit score is one of the top reasons why entrepreneurs get turned down for business loans, according to Garnet Jensen, a senior director at TransUnion Africa. When it comes to getting loans to grow the business, small businesses often find financing hard to come by and credit scores play a key role. “Part of the problem is that in South Africa, lenders often rely on the personal credit records of the owners to assess their risk of lending. This is even though … Continued
