A commercial credit score is an assessment that boils a company's financial standing down to a single number. While an individual credit score summarises a person's payment history, a commercial credit score focuses on the company itself: how comfortably it can pay, how much of a burden it carries, and how sustainable its earnings are.
What is the score based on?
The Firmaskor Credit Score is a value between 0 and 100 and always carries a status label alongside it: Risky, Watch, or Safe. Behind the score lies an assessment across four main areas:
- Ability to pay: how comfortably you can meet your short-term commitments.
- Debt burden: the weight of your debt relative to your company's capacity to carry it.
- Profitability: how much of your turnover remains within the business.
- Resilience: how consistent the performance is year on year.
The score is not simply an average of these four. A company's score usually drops not because all four areas are weak, but because one lags significantly behind.
Are commercial credit scores and corporate credit scores the same thing?
In practice, they refer to the same thing. The distinction between 'commercial' and 'corporate' is mostly a matter of convention; both summarise a company's financial outlook in a single score. Firmaskor generates a single score, and its name is the same everywhere: the Firmaskor Credit Score.
How do you find out your score?
Once you add your company to Firmaskor and enter your financial data, your score is generated within minutes. No setup, integration, or meeting is required. Registration is free, and your first report is complimentary.
With the same data, you will get the exact same result every time. The score is not an opinion; it is an assessment generated directly from the information you provide.
What should you do if your score is low?
Because the report clearly lists the individual areas dragging your score down, you do not have to guess where to begin. Two steps companies often take are reviewing maturity profiles and shortening collection periods. Once you have made your adjustments, measure your business again; applying before seeing the improvement reflected in your score means doing only half the preparation.
Where do you use your score?
The first use is knowing how your company looks before entering credit or limit negotiations. The second use is something most companies overlook: assessing the businesses you work with. Knowing the other party's ability to pay before partnering with a new dealer, client, or supplier helps you prevent collection problems before they start.
See the score before you decide
See the score of your own company or of a company you work with in minutes. Sign-up is free and your first report is on us.
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