7 ELEVEN
Fuel & FLEET Management
CONTACT INFO:
REPORTS TO:
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D&B and Experian
TERMS:
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Net 15
PG / NO PG:
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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
– Accepted at 95% of U.S. gas stations and over 45,000 service locations
To Apply: Online or over the phone
Terms: Net 15
SPECIAL INSTRUCTIONS
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Please keep in mind, before applying for multiple cards under WEX accounts to give enough time to do the application. For example, you can apply for 2 cards the maximum for this month and then next month another two. If you would apply for a lot of cards within the short period of time it might make the underwriter feel fraud is being done and become a “red flag”. They have stated it doesn’t mean it would cause an instant decline but the credit approval amount could be lessened.
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There’s a $40 one time set-up fee and $2/month per card fee.