Wondering how to improve credit score India before applying for a business loan? You should first get some knowledge about credit scores and how they are calculated. There are various effective methods to improve credit score for business loan. These include the following:

1. Use your credit card wisely. Clean the credit card, clearing all accumulated dues and interest and pay your dues in a timely manner.
2. Check your credit report and get any anomalies corrected if they are present.
3. Pay your loan EMIs and other bills on time without any defaults whatsoever.
4. Keep your outstanding debt on the lower side in proportion to your monthly income.
5. Build up your credit history without applying for multiple loans at the same time.
6. Balance the proportion of unsecured and secured debt in your name.

Additional Read: An Overview on Trade vs. Total Working Capital