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Bank Credit…Use it Wisely!

Bank credit is the total amount of borrowing capacity a business can get from the banking


Banks have their own internal way of scoring and rating businesses credit worthiness. They do this through a system called bank ratings. It rates the creditworthiness of a business from the bank’s perspective.

A business can get more business credit fast. This is so long as it has at least one bank reference and an average daily account balance. The balance must be of at least $10,000 for the past three months.

What lenders REALLY want to see is that a business has this $10,000 average balance. When a business has this, it yields a Bank Rating of Low-5. This means the business has an average daily balance of $5,000 to $30,000.

A business with a balance of $7,000 to $9,999 will net a lower rating like a High-4. This will make it harder for that business to get approval for bank financing.

Here is the actual bank rating scale, so you can see where your business may rank:

  • High 5, account balance of $70,000 – 99,999

  • Mid 5, account balance of $40,000 – 69,999

  • Low 5, balance of $10,000 – 39,000

  • High 4, balance of $7,000 – 9,999

  • Mid 4, balance of $4,000 – 6,999

  • Low 4, balance of $1,000 – 3,999

Taking these steps will assure you have an exceptional bank rating. That way, you can get approval for the most bank financing.

About the Author

Brian Hartman is currently the CEO of Pharus Credit Solutions. At Pharus Credit Solutions, he specializes in helping business owners establish excellent business credit scores and then leverage those scores to access cash and credit for their businesses.

Brian Hartman is also the mastermind behind the release of the exclusive Business Funding Suite. The Business Credit and Funding Suite is the leading business cash and credit access system in the world today. For more information on business credit scoring, business credit, visit

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