Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Businessweek Archives

Cleaning Up Your Company's Bad Credit Profile

How bad is your company’s credit? You may not think about it much, but you can bet your suppliers do. A bad credit rating can damage your company in several ways:

Loss of eligibility for commercial credit. Bank loans are out of the question if you run afoul of your responsibilities.

Having to pay cash for everything. Paying in cash ties up your working capital and affects your cash flow. You’ll lose access to the 30-day, 60-day, and even 90-day "loans" that trade-credit customers enjoy.

Loss of "early payment" discounts. Many suppliers offer customers significant discounts to encourage payment before the official due date on their bills. If you’re a cash customer because of credit problems, you’re unlikely to get this discount.

To read the full story, click here.

blog comments powered by Disqus