Capital One Launches Business CreditWise to Help Business Owners Access, Understand and Manage Business Credit

Capital One is helping demystify business credit for today’s business owners with the launch of Business CreditWise, an easy-to-use tool providing unlimited, free access to a company’s credit profile. Business CreditWise is available to any U.S. business (not just Capital One customers) and can be accessed at any time without impacting business credit.

“Business credit is a critical component of a company’s ability to secure financing, yet our research shows less than half of business owners have ever viewed their business credit reports,” said Jenn Garbach, head of brand and marketing for Small Business Card at Capital One. “Our goal is to empower businesses with products and tools that help them succeed and grow. With Business CreditWise, business owners can quickly and easily access their credit, correct mistakes and understand what is impacting their overall credit report, free of charge.”

According to a recent Capital One survey, nearly one third (31 percent) of small business owners have either never heard of business credit reports or know very little about them. By proactively managing their credit, businesses gain other important benefits such as better access to funding; becoming trusted partners, suppliers and vendors; and growing their businesses to capitalize on market opportunities.