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A commercial lease application allows landlords to assess a potential tenant's creditworthiness before finalizing a lease agreement. It helps verify details of the tenant's business, including gross income, expenses, bank balances, rental history, and personal guarantees. Landlords can charge a fee for business credit checks, typically ranging from $50 to $200. The process for conducting a business credit check involves several steps: obtaining a completed commercial rental application from the tenant, verifying the business's status with the state through the Secretary of State's website, and obtaining the business's Paydex score, provided by third-party services like Experian, which ranges from 1 to 100.