Credit Cards Center Credit cards from our partners
Reply
Established Member
Posts: 45
Registered: ‎03-24-2015
0

START UP BUSINESS LOOKING FOR NET 30 ACCOUNTS

Great Morning,

Just Incoroporated and followed the steps in the Business 101 post. I just requested my Duns Number yesterday and they said it will take 30 days or sooner before they email it to me. The list I saw of companies to try to setup net 30 accounts with their apps wanted Duns Number and Business References. By my company being new I dont have any references. 

 

Do I have to wait for Duns Number to start Net 30 accounts?

 

Does Anyone have a list of companies that will give me Net 30 Accounts without Business References?

 

I know these are the basics but Im trying to learn and this forum seems to be the best I have found so far in giving real time advice.

 

Thanks in advance!!!

New Contributor
Posts: 122
Registered: ‎02-28-2015
0

Re: START UP BUSINESS LOOKING FOR NET 30 ACCOUNTS


SixFigures15 wrote:

Great Morning,

Just Incoroporated and followed the steps in the Business 101 post. I just requested my Duns Number yesterday and they said it will take 30 days or sooner before they email it to me. The list I saw of companies to try to setup net 30 accounts with their apps wanted Duns Number and Business References. By my company being new I dont have any references. 

 

Do I have to wait for Duns Number to start Net 30 accounts?

 

Does Anyone have a list of companies that will give me Net 30 Accounts without Business References?

 

I know these are the basics but Im trying to learn and this forum seems to be the best I have found so far in giving real time advice.

 

Thanks in advance!!!


Quill, Reliable, Uline, Strategic Network Solutions, Grainger, and several others should be able to give you one without a reference. Some may require that you prepay your other the first or second time, but these will work for start. Also, when I applied for my DUNS, i got mine less than a week, but if you get a call from D&B about purchasing anything, just kindly decline any offers they provide you. I would wait until you got your duns number just to have it at hand for any vendor or creditor that asks for it. Also make sure you have applied for your EIN too. You can get that free and basically instantly online.

Word of advice, do not go on a credit spree. While its good to have tradelines, every 2 to 3 you are approved for, build up for a several months before applying for more. The one I've listed works just as well. My favorite is Strategic, Uline, Reliable, and Quill. They were easy to apply for. Print country is good for those who only need printer stuff like ink, but you would need to do $250 for them to report or be with them for 6 months. The others, ive listed normally report at the end of the month, but give it time and take an easy. If you want, you can also PG a business charge card or credit card if your personal credit is up to par.  

Established Member
Posts: 45
Registered: ‎03-24-2015
0

Re: START UP BUSINESS LOOKING FOR NET 30 ACCOUNTS

Thanks. This is a great start. Talked to Uline and they said I have to wait until I receive Duns Number. Reliable granted me an account. Placed my first order this Am. FedEx said 5 to 7 days before sending me my account number. Not sure if that's an Approval but I'll know soon. I'll check the others you mentioned later....

Epic Contributor
Posts: 29,334
Registered: ‎10-23-2007
0

Re: START UP BUSINESS LOOKING FOR NET 30 ACCOUNTS

whatever you do, don't pay D&B ANY MONEY!

No matter what they say to you, you don't need it... tell them you just want your account number, you don't want to verify it, build it, nothing!

Established Member
Posts: 45
Registered: ‎03-24-2015
0

Re: START UP BUSINESS LOOKING FOR NET 30 ACCOUNTS

Ok I'm not. Thanks
Valued Member
Posts: 49
Registered: ‎01-28-2015
0

Re: START UP BUSINESS LOOKING FOR NET 30 ACCOUNTS

I got my DUNs number in 3 days via email. A rep contacted me a couple days later and asked me a few questions about my business. She didn't bother throwing a sales pitch at me when I told her flat out that I wasn't interested in their services.

 

I got set up with Uline, Grainger, Reliable, Quill, and Chevron except the latter gave me a lame 14 days instead of 30. 

EQ: 672, TU 672, EX 639. Goal: 750 [Updated: 08/10/15]
Amex Business Gold NPSL; Amex Business Green NPSL; Chase Ink $8.5k; Cap 1 Quicksilver $3k; Cap 1 Spark $3k; ; Barclay Rewards MasterCard $2.5k; Amazon store $2.4k; American Express Blue Cash Everyday $2k; Discover $2k; Walmart $2k; Cap 1 $1,750; Chase Freedom $600; Credit One $600; Chevron Business $1k; Office Depot $500
Established Member
Posts: 45
Registered: ‎03-24-2015
0

Re: START UP BUSINESS LOOKING FOR NET 30 ACCOUNTS

@Up past midnight Was your business as new as mine and we're those your first Net 30 Accounts? I will copy and paste what Reliable told me later this evening.... Hopefully you or someone can help me figure this out....
Valued Member
Posts: 36
Registered: ‎03-10-2015
0

Re: START UP BUSINESS LOOKING FOR NET 30 ACCOUNTS

I applied for Reliable today, got an email saying that they need to see at least 3 months of history on a tradeline, I have none either. Uline did say if I pre paid for a couple orders they would grant me an account. I hope that's a little helpful as the info is only hours old

New Contributor
Posts: 122
Registered: ‎02-28-2015
0

Re: START UP BUSINESS LOOKING FOR NET 30 ACCOUNTS

[ Edited ]

SixFigures15 wrote:
@Up past midnight Was your business as new as mine and we're those your first Net 30 Accounts? I will copy and paste what Reliable told me later this evening.... Hopefully you or someone can help me figure this out....


NightFox87 wrote:

I applied for Reliable today, got an email saying that they need to see at least 3 months of history on a tradeline, I have none either. Uline did say if I pre paid for a couple orders they would grant me an account. I hope that's a little helpful as the info is only hours old




My business is a corp started feb of this year. Applied the same month after getting my DUNS and started small and moved on up. Purchase something around $30 to $40 each month with Reliable and move up slowly. Do not go for anything above $100 yet. As for uline, if you have little tradelines, they may want you to prepay your purchase. i did with mine and days after I got what I ordered (which was $40) I purchase something on net 30 for $60 and it was approved. Not saying that you will be approved like I was but they want to make sure youre serious person. 

Established Member
Posts: 45
Registered: ‎03-24-2015
0

Re: START UP BUSINESS LOOKING FOR NET 30 ACCOUNTS

That's excellent info. I'll keep everyone posted once I get my Duns number

Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.

† Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
‡ Credit cards for FICO Score ranges: The score ranges are guidelines based on internal myFICO analysis of actual applicant approvals, and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range. These ranges were not provided by any card issuer.

* For complete information, see the terms and conditions on the credit card issuer’s website. Once you click apply for this card, you will be directed to the issuer’s website where you may review the terms and conditions of the card before applying. While myFICO always strives to present the most accurate information, we show a summary to help you choose a product, not the full legal terms - and before applying you should understand the full terms of products as stated by the issuer itself.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.