Payment history is a major consideration when it comes to calculating your credit score, making up 35% of your total score. A single late payment — which happens 30 days or more after the payment was ...

One of the best ways to establish a good credit rating for your business is to open corporate credit lines with your vendors. Most new vendor transactions require point-of-sale payment or payment on ...

Import and export companies use letters of credit as a safe form of payment when goods are sold between countries. With a regular letter of credit, the seller can request and receive payment ...