How to Get a Copy of Your Business PayNet Report

   If you're looking to understand your business’s credit profile and borrowing history, obtaining a PayNet report is a smart move. PayNet, a division of Equifax, tracks business loan and lease payment history, helping lenders assess creditworthiness.

Here’s how you can obtain a copy of your business PayNet report and why it matters.

What is a PayNet Report?

   A PayNet report provides insights into your business’s financial health by analyzing:

✔ Loan and lease payment history

✔ Credit risk scores (e.g., PayNet MasterScore)

✔ Outstanding balances and delinquencies

✔ Industry-specific credit benchmarks

   Lenders use PayNet reports to evaluate your ability to repay business loans, so monitoring yours can help you stay ahead in financing negotiations.

Step 1: Check If You Have a PayNet Profile

   Not all businesses have a PayNet report. Unlike Dun & Bradstreet, which compiles public and trade credit data, PayNet primarily gathers information from lenders and leasing companies.

🔎 How to check:

• Contact PayNet (now part of Equifax Commercial) to inquire whether they have a file on your business.

• If your business has taken out loans or leases, you likely have a PayNet credit file.

  
  

Step 2: Request a Copy of Your PayNet Report

  Previously you could request a report directly from PayNet. Given the changes to their system that option doesn't appear on their website anymore. This has given rise to third party companies offering the information. Nav offers a monthly subscription for monitoring. You can see their offerings here (https://www.nav.com/business-credit-scores/)

Step 3: Review Your Report & Address Any Issues

   Once you obtain your PayNet report, review it carefully:

✔ Check for errors – Ensure loan amounts, balances, and payment history are accurate.

✔Identify risk factors – Late payments and high utilization may impact future financing.

✔ Monitor your PayNet MasterScore – This credit score helps lenders determine risk levels.

   If you find errors, contact Equifax Commercial to dispute inaccuracies and update your profile.

Why Your PayNet Report Matters

✅ Lenders rely on it for loan approvals

✅ It affects your borrowing terms & interest rates

✅ It helps you track and improve your business credit profile

  Keeping your PayNet report accurate and up to date can improve your chances of securing better financing options.

💡 Need help strengthening your business credit profile? Contact us for expert guidance on business funding and credit strategies!

#BusinessCredit #PayNetReport #SmallBusinessFinance

About the Author

   Jared Holmes is the founder of Brilliance Funding Partners, where he helps business owners navigate the commercial lending landscape with confidence. With 9 years of hands-on experience in SBA lending, equipment financing, and working capital solutions, Jared focuses on asking the right questions and delivering financing strategies that make sense for each business. Connect with Jared for a personalized conversation about your options.