Applying for business credit with net 30 vendors is a good way to establish business credit for small business. A net 30 vendor is basically a vendor or supplier that you purchase from and then you are invoiced for 30 days. Meaning, you have 30 days from the date of invoice to pay the balance in full. Many net 30 vendors report your payment to the business credit bureaus. This is very important because it shows payment history and credit worthiness.
There are net 30 vendors for every type of industry. Healthcare, Technology, Education, Management, Transportation and import/export just to name a few. When building business credit for your company, it is very important that business owners register and order from vendors that are related to their industry. This business will be able to actually use the products it buys for business use and not just to build business credit.
These net 30 vendors are great for small businesses looking to establish business credit for their companies.
Az Snacks
Trades Smart Products
Strategic Network Solutions
VIP Electronics Center
Share Da Luv
Business Credit America
These are just a few companies that will approve small businesses for a net 30 credit account. Having a variety of net 30 accounts is key to building business credit for your business.
Alplouis,
Tax and Business Credit Consultant
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