Capital One Launches Business Credit Tool

Capital One has announced the launch of Business CreditWise, a tool providing unlimited, free access to a company’s credit profile. The solution is available to any US business (not just Capital One customers), and can be accessed at any time without impacting business credit.

According to a recent Capital One survey, nearly one-third (31%) of small business owners have either never heard of business credit reports or know very little about them. By proactively managing their credit, businesses gain other benefits such as better access to funding; becoming trusted partners, suppliers and vendors; and growing their businesses to capitalise on market opportunities.

Business CreditWise provides business owners with a free, in-depth view of their business credit reports, and includes:

  • Unlimited access to the business credit report, sourced real-time from LexisNexis Risk Solutions, with no impact to the business’s credit.
  • Views of key factors that impact business credit under four pillars: business details, payments, credit usage and public records.
  • A guide to interpret the business credit report the same way lenders do.
  • The ability to find and fix inaccuracies for free, with no hidden fees, by submitting disputes to LexisNexis Risk Solutions.