Building business credit
Overview
While Brex isn’t a credit agency, we typically provide payment performance details for Brex accounts to credit reporting agencies. When customers pay on time, sharing this data may increase their chances of building credit.
Score determination
We partner with Experian, Dun & Bradstreet, and Equifax to report your company’s payment history to one or more credit reporting agencies (Section 3.9, Platform Agreement). This means you can build your business credit history simply by using your Brex card and making timely payments. These agencies use your Brex payment data to help determine your credit score — we are not involved in this calculation. For more details on how your information is processed, please reach out to your preferred credit bureau. Brex reports the previous month’s payment history at the beginning of the next month, and it’s up to the discretion of the credit agency to determine how quickly that information will reflect on your credit report and how that information would affect any credit scores they create.
Late payments
If your automatic payment fails, Brex will notify the account or card admins. You’ll need to manually make a payment to cover your full balance. Late or missed payments can result in zeroed credit limits. We will report to Experian, Equifax, and Dun & Bradstreet on delinquent payments every 30 days.
Report matching
For Brex payments to reflect on your credit report, your business name and address associated with your Brex account need to match what you’ve provided to the credit agencies. Otherwise, the credit agencies may not be able to successfully sync Brex data with your credit profile. Note: Some agencies need at least three months of payment history to accurately impact your credit. Each credit agency displays information differently, so Brex payments may be listed under “Brex,” “Business/Financial Services,” or similar terms. The agencies also determine what information is required from Brex to report credit. The details they choose to display are based on the credit agency’s structure, and Brex doesn’t have control over what is included. If you still have concerns, please reach out to the relevant credit agency. Brex reports to Experian, Dun & Bradstreet, and Equifax.
Credit report disputes
Since we report your Brex account payment performance to credit agencies, you can contact Brex directly. However, you can also submit a formal dispute to any of the agencies we report to: