Understanding Trade Credit History in Your PayNet Report

  Trade credit history plays a vital role in how lenders view your business's financial behavior. In your PayNet report, this section outlines how reliably you pay back vendors and suppliers who extend credit terms.

What Lenders Look For:

• Number of trade accounts: More accounts can indicate a well-established business.

• Payment timeliness: Late or missed payments lower your score.

• Credit terms usage: Consistently using and repaying trade credit builds a positive profile.

Why It Matters:

  Strong trade credit history demonstrates reliability and good financial management. It shows lenders that your business honors its financial commitments, which can improve your odds of approval for future financing.

👉 Need help reviewing or understanding your PayNet report? Book a free consultation with Brilliance Funding — we're here to help you strengthen your business credit profile.

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.