How Does Equipment Financing Affect Your Business Credit Score?

[Michael Race]

Hey folks, how does equipment financing actually impact your business credit score over time? Does taking out loans or using auction financing help build stronger credit, or can it hurt you if not structured right? Curious to hear real experiences-good or bad-, and any tips on keeping your score healthy while still growing your fleet.

 

[Rubble123]

Hey, it definitely helps if you pay on time , lenders love consistency - but miss payments and it'll tank yuor score faster than a blown hydraulic line grow the fleet smart, not stressed.

 

[Nathan_Sanders0507]

Hey, it definitely helps if you pay on time , lenders love consistency - but miss payments and it'll tank yuor score faster than a blown hydraulic line grow the fleet smart, not stressed.

Absolutely! paying on time is key, late paymentsw ill crush your score faster than a stuck bucket.

 

[Denny_HonDa]

Yep, financing can be a big plus if you stay consistent