 TITLE: What Happens to Your Credit When You Default on a Business Loan? CONTENT: Are Business Loans Reported to Credit Bureaus?\n----------------------------------------------\nBusiness loans appear on your business credit report and factor into your business credit score. The three primary business credit reporting agencies—Dun & Bradstreet, Experian and Equifax—receive information from lenders and credit card companies, public records, state filing offices, collection agencies and other sources. Business credit scoring models use this information to generate a business credit score that lenders and vendors may use to evaluate your business's creditworthiness.\nAlthough your business credit report and score are different from your personal credit report and score—with information maintained in separate databases—some similarities apply. For example, your payment history factors significantly into your business credit score, just as it does with your personal credit. If you've been falling behind on your business loan payments, those late payments are likely bringing your business credit score down. If your business loan is in default or has gone to collections—or falling behind on bills leads you to file bankruptcy—these events will also appear in your business credit report and affect your business credit score.\nWhether you have a loan in default or are just concerned about your business credit, you can benefit from checking your business credit report. You can check your business credit at any of the three major business credit bureaus for a fee. Learn more about what's in a business credit report and how it works from Experian Small Business. END