Does my personal credit score affect my business credit?

Yes, your personal credit score can have an impact on your business credit, particularly for small businesses. Your personal credit history, including factors such as payment history and credit utilisation, can influence the approval and terms of business loans, business credit cards, and other forms of business credit. However, it’s important to note that as your business grows and establishes its own credit history, the impact of your personal credit on your business credit may diminish.