Understanding PAYDEX Scores Across Different Industries: What Constitutes a Good Score?
Introduction to PAYDEX Scores PAYDEX scores serve as a critical metric in the realm of business creditworthiness, providing lenders, suppliers, and other stakeholders with a quantifiable means of assessing a company’s payment habits. The PAYDEX score ranges from 0 to 100, with higher scores indicating better payment performance. Specifically, a score of 80 or above […]
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