YOU NEED AT LEAST
6 TRADE ACCOUNTS REPORTING ON YOUR BUSINESS CREDIT REPORTS TO MOVE TO TIER 3.
PLEASE SCROLL APPLY FOR TRADE ACCOUNTS AND DON’T PROCEED TO THE NEXT STEP UNTIL THE TRADE ACCOUNTS ARE REPORTING.
APPLY FOR 3 MORE TRADE ACCOUNTS
You currently should have at least 3 trade accounts reporting,
Remember to use your correct business information when applying, as all information should match your business records perfectly.
When you make a purchase, do so on your net /credit terms. It is payments on net / credit terms that are reported.
It takes 30-60 days from the day you make your payment for your trade account to report on your business credit report. make sure you are completing both funding and trade tiers simultaneously.
REPORTS TO:
Equifax
TERMS:
Net 30
PG / NO PG:
No Personal Guarantee Required
TO QUALIFY:
– Entity in good standing with Secretary of State
– Business credit history
– EIN number with IRS
– Business address- matching everywhere.
– D&B Number
– Business License- if applicable
– Business Bank account
– Established business for at least 30 days
– Business address on the D&B should match with the Secretary of State (SOS) and IRS records.
– Must have a good D&B paydex score of 80 or higher
– Must have a good Equifax business credit score
– Must not have any derogatory business reporting or delinquencies
– Has a ONE TIME annual membership fee of $69. Rejected applications will be fully refunded.
– Under Net 30 terms, minimum purchase is $45.
SPECIAL INSTRUCTIONS
-“Same day shipping for most orders placed by 12pm EST. Free shipping for orders over $125
-There is a ONE TIME Annual fee for NET 30 membership which is $69/year. Rejected applications will be fully refunded.
REPORTS TO:
Equifax
TERMS:
Net 30
PG / NO PG:
Personal Guarantee Required
TO QUALIFY:
– Entity in good standing with Secretary of State
– Business credit history
– EIN number with IRS
– Business address- matching everywhere.
– D&B Number
– Business License- if applicable
– Business Bank account
– The company must be established for at least 90 days
– Minimum order of $80
REPORTS TO:
D&B | Experian
TERMS:
Net 15
PG / NO PG:
Personal Guarantee Required
TO QUALIFY:
– Entity in good standing with Secretary of State
– EIN number with IRS
– Business address- matching everywhere.
– D & B number
– Business License- if applicable
– Business Bank account
– Business Phone Number Listed in 411
– No minimum time in business
– Must have a good D&B paydex score of 80 or higher
– A Personal Guarantee
(PG ) is required
REPORTS TO:
D&B | Experian
TERMS:
Net 15
PG / NO PG:
Personal Guarantee Required
TO QUALIFY:
– Entity in good standing with Secretary of State
– EIN number with IRS
– Business address- matching everywhere.
– D & B number
– Business License- if applicable
– Business Bank account
– Business Phone Number Listed in 411
– No minimum time in business
– Must have a good D&B paydex score of 80 or higher
– A Personal Guarantee
(PG ) is required
REPORTS TO:
D&B | Experian | Equifax
TERMS:
Net 15
PG / NO PG:
Personal Guarantee Required
TO QUALIFY:
– Entity in good standing with Secretary of State
– EIN number with IRS
– Business address- matching everywhere.
– D & B number
– Business License- if applicable
– Business Bank account
– Business Phone Number Listed in 411
– No minimum time in business
– Must have a good D&B paydex score of 80 or higher
– Must have a good Experian business credit score
– A Personal Guarantee
(PG ) is required
REPORTS TO:
D&B | Experian
TERMS:
Net 30
PG / NO PG:
No Personal Guarantee Required
TO QUALIFY:
– Entity in good standing with Secretary of State
– Business credit history
– EIN number with IRS
– Business address- matching everywhere.
– D & B number
– Business License- if applicable
– Business Bank account
– Three (3) trade credit references
– Tax exempt information – if applicable
– Must have a good D&B paydex score of 80 or higher
– Must have a good Experian business credit score
– No minimum time in business
REPORTS TO:
D&B
TERMS:
Net 30
PG / NO PG:
No Personal Guarantee Required
TO QUALIFY:
– Entity in good standing with Secretary of State
– EIN number with IRS
– Business address- matching everywhere.
– D&B number
– Business License- if applicable
– Business Bank account
– A business email address where your invoices will be sent
– Strong business credit history with good D&B paydex score of 80 or higher.
– No minimum time in business
REPORTS TO:
D&B | Experian | Equifax (reports quarterly)
TERMS:
Net 7, Net 14, or Net 20
PG / NO PG:
No Personal Guarantee Required
TO QUALIFY:
The Kwik Trip Extended Fleet Card (Net 7, Net 14 or Net 20)
– Entity in good standing with Secretary of State
– EIN number with IRS
– Business address- matching everywhere.
– D & B number
– Business License- if applicable
– Business Bank account
– Business Phone Number Listed in 411
– At least 2 years in business
– Must have a good D&B paydex score.
– A premium fleet card accepted at over 50,000 gas stations nationwide.
REPORTS TO:
D&B | Experian
TERMS:
Net 15
PG / NO PG:
Personal Guarantee Required
TO QUALIFY:
– Entity in good standing with Secretary of State
– EIN number with IRS
– Business address- matching everywhere.
– D & B number
– Business License- if applicable
– Business Bank account
– Business Phone Number Listed in 411
– No minimum time in business
– Must have a good D&B paydex score of 80 or higher
– A Personal Guarantee
(PG ) is required
– Acceptance at over 90% of all U.S. fueling locations plus, more than 45,000 service merchants
REPORTS TO:
D&B
TERMS:
Net 30
PG / NO PG:
No Personal Guarantee Required
TO QUALIFY:
– Entity in good standing with Secretary of State
– EIN number with IRS
– Business address- matching everywhere
.- D & B number
– Business address on D&B must match with the Secretary of State (SOS) and IRS records
– Business License- if applicable
– Business Bank account
– At least 3 trade/credit references
– They prefer that the business has a good D&B paydex score of 80 or higher and at least 3-5 trade accounts reporting on D&B credit report
– Business address on the D&B should match with the Secretary of State (SOS) and IRS records
– Must be an established business for 6 months
– New business or businesses with no Credit history with D&B may need to pre pay purchases for 3 consecutive months until Net 30 is approved
SPECIAL INSTRUCTIONSIf not given a Net 30 they will ask you to do prepaid orders of $100.00. Normally any prepaid order don’t report but you would need them to have given you a Net 30 account. Net 30 accounts require $50.00 purchase to report.
**Sometimes an order is shipped, and customer thinks they are approved, and may not be. It takes approximately 3 hours to process the application.
REPORTS TO:
D&B | Experian | Equifax
TERMS:
Net 30 | Revolving
PG / NO PG:
No Personal Guarantee Required
TO QUALIFY:
Business Account with Full Balance Due Terms
(Net 30 )
– Entity in good standing with Secretary of State
– EIN number with IRS
– Business address- matching everywhere.
– D&B number
– Business License- if applicable
– Business Bank account
– At least 3 years in business
– Must have trade accounts reporting to all 3 major business credit bureaus for at least 3 years
– Must have a good D&B paydex score of 80 or higher and good Experian business credit score
– Must have a good Equifax business credit score
– If any above criteria is not met, a Personal Guarantee (PG) is recommended but not required. Providing a guarantee may increase the likelihood of approval and is recommended if you have a young or small business.
Business Credit Account (Revolving)
– Entity in good standing with Secretary of State
– EIN number with IRS
– Business address- matching everywhere.
– D&B number
– Business License- if applicable
– Business Bank account
– At least 3 years in business
– A corporation with more than $5 million annual sales and in business for at least 3 years
– If the above criteria are not met, a Personal Guarantee (PG is required).
REPORTS TO:
D&B
TERMS:
Net 30
PG / NO PG:
No Personal Guarantee Required
TO QUALIFY:
– Entity in good standing with Secretary of State
– EIN number with IRS
– Business address- matching everywhere.
– D&B Number
– Business License- if applicable
– Business Bank account
– Bank references
– Trade/credit references
– Business address on the D&B should match with the Secretary of State (SOS) and IRS records.
– Must have a good D&B paydex score of 80 or higher
– Must have a good Experian business credit score
– They accept application at the store to electrical contractors, AC companies, industrial manufacturers, or anybody that has electricians on their staff and it has to be a business.
REPORTS TO:
D&B | Experian
TERMS:
Net 30
PG / NO PG:
No Personal Guarantee Required
TO QUALIFY:
– Entity in good standing with Secretary of State
– EIN number with IRS
– Business address- matching everywhere.
– D&B number
– Business License- if applicable
– Business Bank account
– Business Phone Number Listed in 411
– Bank references
– Trade/credit references
– Must have a good D&B paydex score of 80 or higher and good business Experian credit score
– At least 3 years in business
– If not approved based on business credit history or been in business for less than 3 years,they may ask for a Personal Guarantee (PG).
REPORTS TO:
D&B | Experian | Equifax
TERMS:
Net 30
PG / NO PG:
No Personal Guarantee Required
TO QUALIFY:
Staples Advantage: For Business
– Entity in good standing with Secretary of State
– EIN number with IRS
– Business address- matching everywhere.
– D & B number
– Business License- if applicable
– Business Bank account
– Business Phone Number Listed in 411
– At least 3 years in business
– Must have a good Experian business credit score
– Must have a good D&B paydex score of 80 or higher
– Must have at least 5M in annual sales
– Has the option to apply without a Personal Guarantee (PG) and credit dept. will review.
– If less than 3 years in business, a Personal Guarantee (PG) is required
SPECIAL INSTRUCTIONS
reports after 60 days then after that, they report monthly
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