Strategic Network Solutions Net 30 Review
If you’re looking for a one-stop shop for office supplies, computer accessories, digital products, and IT services, you’ll want to know about Strategic Network Solutions.
They have impressive credentials and offer net 30 payment terms that are perfect for boosting your cash flow while simultaneously building business credit.
Our Strategic Network Solutions Net 30 Review
With a $2,000 vendor credit, the possibility of payment extensions, and access to a nice mix of IT office supplies and services, this can be a great vendor for many business owners.
While other net 30 accounts vendors, admittedly, report to more credit bureaus, Strategic Network Solutions does report to two, which should help raise your business credit score.
What Makes Strategic Network Solutions a Top Net 30 Account:
- Wide Range of IT Office Supplies and Services
- Impressive Background with Over 30 Years of Experience
- Offer Up to $2,000 in Vendor Credit
- Report to Experian and Creditsafe
- Offer Payment Extensions
It’s common to find net 30 accounts for business products like office supplies and wholesale items, and there are a handful of vendors that offer net 30 terms on business services.
But there aren’t many that will give you a net 30 account that covers both supplies and services.
That’s one of the main selling points of Strategic Network Solutions. They provide qualified business owners with a credit line on office supplies, computer accessories, and digital products, as well as services for endpoint security, business continuity, and disaster recovery.
If you want a great mix of products and services from a single vendor that gives you 30 days to pay invoices on your account while also building business credit to raise your credit score, Strategic Network Solutions is a company to consider.
They offer a great mix of IT technology and solutions that can help your business operate at its peak while giving you some financial wiggle room and providing credit reporting to more than one business credit bureau.
Another thing we like about Strategic Network Solutions is their portfolio and the experience they bring to the table.
Founded in 1992, they’ve been serving the IT industry for over 30 years and have over 50,000 active clients across the country.
In their own words, “Our company has invested in the latest IT training and technology to deliver superior value to our customers. We are proud authorized resellers of Webroot, Acronis, and APC.”
While there are countless IT providers available these days, not many boast the same level of credentials at Strategic Network Solutions, which, in our opinion, makes them a top contender for a net 30 vendor account.
If you want net 30 terms on IT office supplies and services from a reputable company with a flexible payment term to establish good credit, Strategic Network Solutions can be a great choice.
The minimum purchase amount to qualify for net 30 terms is $90.
More specifically, you must first purchase a downloadable product for $90 or more. Then, Strategic Network Solutions will give you a $2,000 trade credit limit.
When compared to many other net 30 accounts that strictly sell products, that’s a little high (many have minimum purchase orders closer to $50).
But when you consider that Strategic Network Solutions offers multiple IT services in addition to products like office supplies and IT accessories, we feel that’s pretty reasonable.
While the cost of IT services can vary significantly, most monthly packages cost between $99 to $350 per month, according to VC3. Therefore, a $90 minimum purchase order should be low enough to justify a net 30 account for many business owners.
And if you’re looking for robust financing to increase your cash flow on small business office supplies, computer accessories, and IT services, the $2,000 credit line is nice to have.
That should be sufficient for giving the average business owner the cash flow they need to get their IT infrastructure to an acceptable level for both software and hardware. All the while, you’re building business credit and improving your credit score.
Besides that, Strategic Network Solutions can serve as one of your trade references when applying for future financing like a business credit card or other net 30 accounts.
As for credit reporting, Strategic Network Solutions reports to Experian Business and Creditsafe. They do not report IT supply and service payments to Dun & Bradstreet or Equifax Business.
While this isn’t necessarily ideal, given that D&B and Equifax are two of the three major business credit bureaus, reporting your payment history to Experian and Creditsafe should still improve your credit history.
Just as reporting payments on a personal credit card or personal loan can help increase your personal credit score, the same is true for building business credit.
Of course, it would be nice to also report IT supply and service payments to D&B and Equifax. However, reporting to Experian and Creditsafe should still have a positive impact on your business credit history.
Also, note that by having an eCredable account, you can have your Strategic Network Solutions payment history reported to another business credit bureau as part of the basic subscription.
Because eCredable reports vendor payments to Equifax and Creditsafe, you can automatically have supply and service payments reported, which is definitely something to keep in mind if you’re considering using eCredable.
This can help unlock other business financing opportunities like getting a business credit card with favorable terms and conditions, attractive business loans, other net 30 accounts, and more.
A final benefit of getting a trade credit line from this vendor is that they offer payment extensions on net 30 accounts.
Here’s what Strategic Network Solutions has to say about it.
“We encourage you to reach out whenever you need more time to catch up on your invoice. We know situations occur that can delay an on-time payment on net 30 accounts. We have a very supportive customer service support team; we are easily reachable by phone or email.”
While you always want to make each payment for statements on time and avoid late payments, as this is integral to building business credit (and personal credit), you never know when an issue may arise that could make it difficult to pay within 30 days.
If that happens, you can request an extension to prevent any friction and keep your account in good standing with this vendor, as well as with business credit bureaus.
Note that if you’re looking for vendors that give you longer than 30 days to make an invoice payment, there are several available.
Here’s a list of our favorite net 60 vendors. And here’s a list of our favorite net 90 vendors.
How to Qualify for a Strategic Network Solutions Net 30 Account
This vendor is a little different from many others that offer net 30 accounts.
As we mentioned earlier, you must first purchase a downloadable product of $90 or more.
Then, click on “Bill My Net 30” when checking out. Once you’ve paid your invoice within 30 days, you’ll be given a $2,000 Net 30 Term Account.
Some specific information Strategic Network Solutions needs when applying for an account include:
- A user ID
- Password
- Email
- Business information like name, address, and contact info
- EIN
- Authorized officer information
Overall, the account application process is pretty straightforward, and many small business owners should qualify for a $2,000 credit term on IT office supplies and services.
You can learn more and register for a net 30 account here.
And if you have any questions regarding net 30 accounts, you can find answers in the FAQs section.
Using eCredable to Quickly Boost Your Business Credit
There’s no denying that net 30 accounts are an excellent way to build business credit and improve your credit history.
Getting trade credit and making each vendor payment on time should have a positive impact as long as the vendor reports to at least one major credit bureau.
That said, to gain any real momentum, most small business owners need to have 5-10 vendor tradelines — something that takes time and money.
An effective alternative that’s becoming increasingly popular is to use a tool like eCredable that reports business utilities like power, gas, water, internet, and mobile phones to the major business credit bureaus Equifax and Creditsafe.
The eCredable Business Lift subscription payments get reported to Equifax, Creditsafe, Dun & Bradstreet, and Experian.
After linking an account, we’ll automatically attempt to download up to the past two years of your payment history for a huge immediate bump.
On average, small business owners see a 40% increase in their business credit scores within just three months.
If you’re looking to accelerate your business credit without having to open a ton of vendor accounts, this is a great way to do it.
You can learn more about what eCredable has to offer here.