Credit Scores and Credit History

Community Capital New York provides all entrepreneurs and small business owners with a path forward to accessing capital. Though Community Capital New York does not solely base its lending on credit, it is crucial for small business owners and entrepreneurs to understand and practice healthy credit practices. Community Capital New York strongly recommends that each small business owner and entrepreneur:

1. Know the components of their credit score.
2. Always be familiar with their credit history.
3. Make efforts to actively improve or repair their credit.
4. Stay up to date on resources and information regarding consumer reporting companies.