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Insights to improve your funding odds
A brief overview on improving your Funding Score
- Perks of improving your Funding Score
- Tools to improve your Funding Score
Platform tip video series coming soon!
Before we discuss how to improve your Funding Score, we need to understand why it's so important. Aside from knowing exactly where your business's financial health stands, the amount of credit that suppliers will allocate to you, or your ability to secure loans in general, your Funding Score can determine the odds of success of many of your financing efforts. Your Funding Score is the key factor lenders use to determine how likely you are to pay back what you owe. Our wide selection of lending partners is adjusted based on the details of your business Funding Score. Your approval odds, terms, and rates will all be more favorable as your Funding Score continues to improve.
No matter where you are in your business’s credit journey, we want to help you go further. Improving your Funding Score can sound like a formidable and almost insurmountable task, and in fact, it used to be. To solve this, we built tools to guide you through every step of it. We have broken these tools into 2 sections: Qualitative and Quantitive. Qualitative tasks that can increase your Funding Score are found and managed in the Planning app. The Quantitive insights can be found in the Targeting app and have historically been the main drivers behind an increased Funding Score. Take the guesswork out of what it takes to improve your Funding Score and get the offers and terms that you want.