topic Re: Amazon net 55 & Uline in Business Credit

Amazon net 55 & Uline

Anonymous — Sun, 22 Oct 2017 02:05:31 GMT

Will these two lines be enough to build good credit to get credit cards within a couple months?

Re: Amazon net 55 & Uline

Anonymous — Sun, 22 Oct 2017 13:33:19 GMT

If you have no business credit history I would start with Uline, Quill, Grainger, and SupplyWorks once they report you should be able to get amazon net55.

Make sure your business is set up credibly before you try to get any business accounts.

Make sure your business is filled with your state

You have a business phone #

EIN

If you have any more questions just reply to this thread.

Re: Amazon net 55 & Uline

Anonymous — Sun, 22 Oct 2017 13:51:32 GMT

I am already filled with the state and all that, my business is 5 months old. I already have uline and amazon as credit line actually amazon was my first line with no PG. My question is will these two lines be enough to build a good business credit profile to beable to get more store cards without PG? Because I know visa and master cards needs PG.

Re: Amazon net 55 & Uline

Anonymous — Sun, 22 Oct 2017 15:31:49 GMT

@Anonymous wrote:
I am already filled with the state and all that, my business is 5 months old. I already have uline and amazon as credit line actually amazon was my first line with no PG. My question is will these two lines be enough to build a good business credit profile to beable to get more store cards without PG? Because I know visa and master cards needs PG.

Yes any tradline that reports to business credt bureaus is good as long as you pay on time and keep using the account. I would get other easy accounts like quill, grainger, and supplyworks. I would have at least 5 - 6 tradelines reporting before i would go for some store cards. And there are some mastercard and visa acounts you can get with out a PG. I currently have a fleet card mastercard that has a 5400 limit with NO PG. I can use the card at any gas station or maintenance facility and have 14 days to pay its a great card and it reports to all 3 business credit bureaus.

Re: Amazon net 55 & Uline

Anonymous — Sun, 22 Oct 2017 16:50:16 GMT

Oh ok I just added grainger, order should be shipped out soon that's 3 tradelines now. What fleet card did you get because I went for BP but they want a $200 deposit. I have another question to so does utilization matter on the business side?

Re: Amazon net 55 & Uline

Anonymous — Mon, 23 Oct 2017 19:30:48 GMT

I use nav.com to monitor my business credit and Dun & Bradstreet does not factor in uitilization but Experian might I am not to sure and also when you place orders with those companies make sure you are spending $50.00 or more because some companies like quill.com don't report payment experiences unless the order is 50 or more.

Re: Amazon net 55 & Uline

Anonymous — Sat, 10 Feb 2018 20:43:56 GMT

Soooo, how did it work out? Now that we're a few months done the road. Who is reporting for you? I'm wondering if I should try for the Amazon net 55 yet and if it reports, seems to be conflicting info on that. THX! Does Grainger have a min $50 spend to report like Quill?

Re: Amazon net 55 & Uline

Anonymous — Sun, 11 Feb 2018 21:27:06 GMT

I don't believe Grainger does but it never hurts to try and be above 50 dollars. Now, in terms of reporting I have about 10 trandelines reporting. It's very hard to figure out which accounts are what on the report. Names of companies won't show up so you can't ever be really sure. I keep a spreadsheet of accounts I apply for so it gives me some guidance in terms of what is reported on my business credit report. Now, when I applied for the Amazon net 55 account my business was more than a year old and I had about 5 tradelines reporting. Your experience may be different.

Re: Amazon net 55 & Uline

Anonymous — Tue, 13 Feb 2018 16:48:24 GMT

If anyone can help, I'm having a lot of trouble finding starter companies that report, many of them who said they do, only to find out after spending time and money that don't (including Wells Fargo secured card, WexFlex Gas Card, Strategic Network Solutions). Many companies that previous did report no longer do.

I still have:

Quill

Supply Works

BBVA (secured bank card)

Uline

But MSC, Amsterdam Printing, Demco (needs a year), and many others have recently changed.

From my understanding I need 3-5 reporting on D&B, and a minimum of 5 on Experian to move to the 2nd round. I currently have 3 on D&B and 2 on Experian.

Any help would be awesome thank you!

Re: Amazon net 55 & Uline

Anonymous — Fri, 16 Feb 2018 21:42:21 GMT

Give some background information about your business. What kind of business, structure, number of years in business etc and I can give you some recommendations.

Re: Amazon net 55 & Uline

Anonymous — Fri, 16 Feb 2018 22:03:22 GMT

Hi jacobpslagle

I'm in IT and digital services consulting, and the business is still very new (started Sept 2017). I've applied for U-Line, Grainger, and Supply Works, all of which have posted on my credit report.

I also applied (and bought) from Strategic Networks Solutions, a $500 secured card with Wex, $500 secured card with Wells Fargo Business, all these three said they report, and have not reported (it's been 4 months).

This past week, I've applied to New Egg, Amazon, Office Depot, McLaughlin & Assoc., and Advance Auto Parts.

Any additional suggestions would be helpful for companies that report to the Bureaus. Even starter/net 30 accounts are fine with me.

Re: Amazon net 55 & Uline

Anonymous — Fri, 16 Feb 2018 23:00:51 GMT

Alright so far you are doing very well. Since your business is still new you just need time honestly. I would slow down on some of those applications and give your business some time to age once your business is 1 year old I would try for these accounts.

Amazon Revolving Credit Line (12.99% APR)

Amazon Pay in Full Credit Line (Net 55)

JCPenny Commercial Account (Net 30) (pm me for the app it’s a paper application)

Macys Commercial Account (Net 30) (PM me for App it’s a paper application)

Some kind of fleet card (check out www.fleetcardsusa.com for a card that works for you)

You can try for these accounts but I have yet to get approved for these

Staples

Office Depot

Sams Club

Dell

Apple

Also did Quill post to your business credit report?

If you have anymore questions just post them in this thread.

Re: Amazon net 55 & Uline

Anonymous — Sat, 17 Feb 2018 00:16:19 GMT

Amazon, JcPenneys, and Sams Club are more about the tradelines that post on Equifax Commercial. Check Equifax Commercial to see if your business is listed and if the number of trades. My corp was approved for Amazon and Sams Club Regular Business Account and I have only been Inc’d since September of 17. The best thing to do is to call Synchrony after you apply. Sometimes they have to call the business number to verify. Ask for a supervisor to review if they deny you.

Re: Amazon net 55 & Uline

Anonymous — Sat, 17 Feb 2018 23:36:13 GMT

Thank you for your help. Will definitely contact those companies

Re: Amazon net 55 & Uline

Anonymous — Sat, 24 Feb 2018 11:05:47 GMT

@mkyang89

What were you approved on from those recent apps? Where are you checking your credit so far & who’s reporting where (if you can tell). TIA!