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JJ Gold Net 30 Review 

If you want to build business credit by purchasing jewelry, hair and beauty supplies, gift sets, home and decor products, and more, JJ Gold International may be right up your alley.  

They offer a net 30 account that gives you 30 days to pay for easy financing while simultaneously boosting your business credit.  

Our JJ Gold Net 30 Review 

With reporting to two major business credit bureaus and simple terms that accommodate new businesses and startups, we consider JJ Gold to be a top net 30 vendor. 

The only downside is that they only offer net 30 payment terms on 50% of purchases and have a $99 annual fee.  

What We Like About a JJ Gold Net 30 Account: 

      -  Reports to Dun & Bradstreet and Experian Business

      -  Easy for New Businesses to Build Business Credit

      -  Access to Over 1,000 Products Across 5 Categories

Reports to Dun & Bradstreet and Experian Business 

Just like reporting consumer payment activity to credit bureaus helps build personal credit, the same is true when reporting business payment history to business credit bureaus.  

One of the main selling points of JJ Gold International is that they report to two of the three major business credit bureaus — D&B and Experian.  

While there are other net 30 vendors that report to all three, two out of three isn’t bad.  

If you’re a business owner looking to strengthen your business credit score through a trade credit and are interested in the types of products that JJ Gold sells, this is likely a good vendor for you.  

Easy for New Businesses to Build Business Credit 

When it comes to qualifying for a net 30 account, JJ Gold is one of the easier vendors and isn’t overly stringent with their requirements.  

You must: 

  • Be a US-based business 
  • Have existed for at least 30 days 
  • Have a clean business history 
  • Not have any late payments 

Note that you need an EIN when applying for a business net account and a DUNS number to get D&B reporting.   

This makes JJ Gold ideal for new businesses or small business startups that are just trying to get the ball rolling with vendor credit.  

As for the drawbacks of a JJ Gold Net 30 account, there are two to be aware of. 

One is the catch about qualifying for net 30 terms.  

To be eligible, a $100 minimum purchase is required. However, you have to pay 50% upfront, and they put the other 50% on net 30 terms.  

Therefore, you only get credit for half of your purchases, which isn’t ideal.  

Second, you’re required to pay a $99 annual fee to report this financial tradeline. While some other net 30 account vendors also have fees, this is higher than most.  

Also, the general lack of transparency with the JJ Gold net 30 payment term can be off-putting for some.  

Access to Over 1,000 Products  

While not as impressive as some other vendors, (Grainger, for example, has 1.5 million+ products), JJ Gold still boasts a solid catalog with a wide range of over 1,000 products across several categories.  

Those include: 

  • Jewelry 
  • Hair and beauty supplies 
  • Gift sets 
  • Home and decor products 
  • Men’s products 
  • Eyewear 
  • Stocking stuffers 

Unfortunately, there are no office supplies. But if these are the types of products you’re interested in purchasing and want to build business credit while also increasing cash flow, JJ Gold will likely be an attractive vendor account.  

We also like that they introduce new inventory to their product line every week and offer weekly sales.  

And their intuitive, user-friendly website makes it simple to find what you need without any hassle.  

To stay in the loop with recent offerings, you can opt-in to the JJ Gold SMS list where you’ll receive recurring automated marketing texts. If you ever need help at any time just reply “help”.  

How to Qualify for a JJ Gold Net 30 Account 

Again, you must operate your business in the US, have been around for at least 30 days, have a clean business history, and not have made any late payments.  

As long as you check all those boxes and have an EIN and DUNS number, you should be eligible for a JJ Gold net 30 account.  

Just keep in mind that you must make a $100 minimum purchase and only half will be put on net 30 terms. You also have to pay a $99 annual fee to participate in this program. 

If everything is good and you’re still interested, you can apply for a net 30 account here.   

Or, if you’re interested in other vendors with longer payment terms, you can find those as well.  

Here’s a list of net 60 vendors. And here’s a list of net 90 vendors.  

Expedite Business Credit Building with eCredable 

Net 30 accounts with 30 day terms have proven to be effective in helping many business owners build business credit.  

As long as a vendor reports your payment history to at least one major business credit bureau, it should positively impact your business credit profile.  

That said, gaining serious momentum often requires you to get tradelines with 5-10 vendors.  

A great way to expedite the process is to use a tool like eCredable that turns your business bills into credit tradelines.  

Simply pay your business bills like electric, water, gas, and internet as you would normally, and eCredable reports your payments to multiple business credit bureaus simultaneously.  

And once you sign up, we’ll attempt to report up to 24 months of your previous payments for a huge instant bump. 

Businesses that use the eCredable Business Lift subscription can boost their business credit scores by as much as 40% within three months.  

You can learn more about how eCredable works here.  

 

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