Net 30 Accounts to Build Business Credit and Increase Cash Flow
Net 30 accounts have 30-day payment terms. They also have two main benefits.
Not only do they provide valuable cash flow, but many report to business credit bureaus to help build business credit.
Here’s a comprehensive list of net 30 accounts across a wide range of industries.
1. eCredable Business Lift
Products and Services: eCredable Business Lift is a tool specifically designed for building business credit. It does so by reporting business utility and telecom payments, such as electricity, internet, water, gas, certain mobile phones, landlines, and more.
You simply pay a one-time setup fee of $49.95 and then $9.95 each month for your subscription. After setup, eCredable will download up to 24 months of your business service payment history and continue reporting after that.
Credit Bureaus: eCredable Business Lift reports business utility and telecom payments to Equifax Business, and Creditsafe. You can also report several types of business services (e.g., office lease). Your eCredable monthly subscription is a Net 30 account that is reported to D&B, Experian, Equifax and Creditsafe.
Eligibility Category: New and established businesses
Vendor Link: https://business.ecredable.com/
2. Uline
Products and Services: Uline is one of the top suppliers of shipping materials, including boxes, envelopes, bubble wrap, shrink wrap, warehouse supplies, and much more.
They have an extensive product inventory with 41,000 types of shipping boxes alone. Uline also carries office furniture, janitorial supplies, bins, and shelving for virtually anything you need for business operations.
Credit Bureaus: Dun & Bradstreet and Experian
Note: eCredable Business Lift reports Uline account payments to Equifax Business.
Eligibility Category: New and established businesses
Vendor Link: https://www.uline.com/CustomerService/ULINE_FAQ_Ans?FAQ_ID=104
3. Quill
Products and Services: Quill has a robust line of business products, including office supplies, cleaning supplies, paper, furniture, printers, and ink.
They also hold weekly sales events and offer rewards to find great deals on the supplies you need to efficiently run your business. Website navigation is intuitive, and Quill has been consistently praised for their professional customer service.
Credit Bureaus: Dun & Bradstreet and Experian
Note: eCredable Business Lift reports Uline account payments to Equifax Business.
Eligibility Category: New and established businesses that place a minimum online order of $100 before tax
Vendor Link: https://www.quill.com/content/index/quill-net-30/
4. The CEO Creative
Products and Services: This net 30 vendor offers a mix of physical products along with business services. Products include electronics, office supplies, cleaning supplies, and branded business merchandise.
Business services include custom business websites and printing. Put it all together and the CEO Creative is an excellent one-stop-shop with small business, owner-friendly, net 30 payment terms.
Credit Bureaus: Dun & Bradstreet, Equifax, The National Association of Credit Management (NACM), and Creditsafe
Eligibility Category: New and established businesses that have been in operation for at least 30 days with a clean business history
Vendor Link: https://theceocreative.com/business-net-30-account/
5. Wise Business Plan