Amazon Net Terms

[mikesonthemend]

Does anybody know who Amazon Business reports to?

[jaxstraw]

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@mikesonthemend wrote:

Does anybody know who Amazon Business reports to?

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If you are referring to the Amazon Net 55 that is backed by Synchrony it reports to to EX and EQ biz.

[mikesonthemend]

thanks!

[Anonymous]

Guys, just got approved for Amazon Corporate Credit Line - no idea even what the amount is.  Don't even care!

Saw this thread, and I am just getting started with this, so I figured why not give it a try?  

Still early days yet - I have accounts open at Uline, Grainger and Quill so far - Just paid first net 30 inv with Quill and just placed first small order with Grainger.  This is just to give you an idea of how early on in this journey I am at.  Chapter one, pretty much.  Maybe now moving to chapter two?

Man, I love this forum!

[Anonymous]

Congrats on your approval! I always recommend Supply Works as they have been taken over by Home Depot you can request a card to use at Home Depot and it way easier to get than the Citi backed Home Depot business credit card.

[Anonymous]

No way, seriously?  HD is crazy hard to get approved for -- I will look into this!  

When I did that flip project, I had like $6K from Lowes and about $200 total from HD.  Of course that was personal credit, and I paid them as agreed, but wow, that is a pretty major difference in lending criteria right there!

EDIT:  Credit App downloaded and filled out!  Bam!!!

Going to let it sit here on the desk for a week, however, just to allow for my Grainger invoice to process.   I listed them and Quill as my suppliers.

[Anonymous]

Awesome! The key to getting the card to use at HD is to get a credit line which is different from just being offered Net 30 terms. The credit line is Net 30 also, but to be issued a card for use at HD & now HD.com is have Supply Works or HD Institutional as they are known as now to issue a credit line and not just Net 30.

When I sent in my app, I believe the only thing they requested was a copy of our EIN letter from the IRS. They also only report to EX biz. Let us know if you get approved for a credit line.

[Anonymous]

It sounds like you are telling me that I want their ProPurchase card. OK so I am on their page here:

https://www.supplyworks.com/info/propurchase?ab=hp_mid_inst_propurchasebanner_ss

Should I go ahead and request the card at the same time, or just hold off until the line is open.  Sounds like the latter -- "To receive a ProPurchase card, a Home Depot Pro account number and a Home Depot Pro line of credit are needed."

Was this also your experience? 

[Anonymous]

Yes, you have to have the credit line in place in order to request the card. Submit the app, wait for credit line approval and then request the card.

[Anonymous]

did they same exact steps and i just got mine in the mail last week!