You can safely do this by regularly making purchases using your credit card, so that you can build-up a good payment track record. The longer, and more timely your payment history becomes,the stronger will your business credit profile get. By getting listed, as well as by regularly reporting to the major credit bureaus, your private enterprise will likely be on its way towards enhancing, and maximizing its business credit score. Here are some facts about credit score monitoring and starting a new business. What's A Business Credit Score? Every business entity that borrows will generally have a business credit profile, from which the business credit score is taken from. While a number of firms track business profiles, the main business profile tracker is the Paydex system, which works like the FICO score for personal credit score. A credit monitoring service often informs their clients of any changes to a person s credit file, whether it comes as a result of late payments, change of address, new employers, new inquiries or bankruptcies and other public records. If you re still undecided regarding which credit monitoring service to sign-up with, here are a few pros and cons of signing-up with credit monitoring services. Collection Proceedings In evaluating your business credit report's collection proceedings, find out whether you have a history of letting your bills lapse, or whether some of your accounts have been sent to collection. Remember that some of your late payments could come as a result of other financial issues, or a dispute with your supplier. Credit experts however frown on going to sites like the Free Credit Report, because despite their name, they actually charge monthly fees for their credit monitoring service. Once you re in the site, choose your state from the pull-down menu, and start filling your information. Ask For Credit Reports From The 3 Major Credit Bureaus The next step would be to request for credit report from the 3 major credit bureaus, since you won t be charged with any fees. If you forget to pay one or two of your bills on time, prepare to have some red marks or black eyes on your credit history. To steer clear of any delinquencies, try setting up your bills for automatic withdrawal from your personal ckeching account, so that you won't have to deal with any collection agency in the future.