Accountants call for credit rating shake-up
Small businesses should investigate the limits being offered by the different agencies and approach them with up to date private management information if they are not consistent with the reality, Shelley Stock Hutter advised. Factors other than county court judgements and arrears that can affect credit ratings, such as amends to year-end date, should also be considered.
Do you have any experiences of the credit-rating "lucky dip"? Please add your comments below to provide further evidence of the need for reform in this vital area of business finance.