Boost Your Business: Achieve an 80+ Paydex Score Effortlessly

Mastering Your PayEx Score: The Key to Business Financing

What is a PayEx Score?

• PayEx Score is a rating that ranges from 0 to 100.
• A score between 80 and 100 indicates that you pay your bills on time or even sooner than the due date.
• If you pay your bills later than the due date, your PayEx score drops from 79 down to 0.

Generating a PayEx Score

• You can generate a PayEx score by working with 4 or 5 vendors who provide you with supplies or services upfront, allowing you a certain number of days to pay the bill.
• The data on these transactions is collected by Dun & Bradstreet, a business data collection company, and used to determine your PayEx score.

Importance of PayEx Score

• Your PayEx score focuses on trade credit or vendor credit, rather than capital funding.
• It reflects your ability to obtain credit for supplies, which is crucial for starting and growing your business.

YouTube Source: https://www.youtube.com/watch?v=KGUa47ZhuL4
YouTube Channel: https://www.youtube.com/channel/UCwTiSgSSNPiNANoB2cREAAg
Related Content:
https://docs.google.com/forms/d/e/1FAIpQLScLDGpXfaEsG0BpmgKbQC3h3TMzocvS35wCXMuEwaNIKINzHA/viewform
https://www.tumblr.com/elizafereday/750626015448039424/
https://calendar.google.com/calendar/event?eid=b2U4bzMyNG9wdjVxdHRvcTY2Z2pjcWE5b28gZWxpemFmZXJlZGF5QG0
https://www.pinterest.com/pin/628392954291149820/
https://www.linkedin.com/feed/update/urn:li:share:7196808043496370177