Amazon Pay By Invoice

[B335is]

Got an invite to my biz email to apply for Amazon pay by invoice (net 30 terms) this week. This isn't the standard Amazon Business credit line through Synchrony. I clicked the link and entered some basic information (EIN, monthly spend on Amazon, etc...). A few hours later they notified me I was approved for the exact amount I entered for monthly spend ($5k). Once I completed the registration it appears payments are remitted to Wells Fargo. Is anyone else familiar with this credit option? I tried to find an actual link to apply through Amazon and Google and haven't found anything.

[mattmyFIC0]

This is the first I've heard of anything through wells fargo for amazon. I have the revolving through sync and I've heard of the net 55 of course.

[B335is]

---

@mattmyFIC0 wrote:

This is the first I've heard of anything through wells fargo for amazon. I have the revolving through sync and I've heard of the net 55 of course.

---

I took a couple screenshots.  I think they may send these invites out once your Amazon Business account is active:

[mattmyFIC0]

I've seen several banners for me to convert my account to a business account but I don't want to convert my personal amazon account to a business one even though it is dual purpose currently. Did you have to create two separate accounts to start the business one?

[B335is]

---

@mattmyFIC0 wrote:

I've seen several banners for me to convert my account to a business account but I don't want to convert my personal amazon account to a business one even though it is dual purpose currently. Did you have to create two separate accounts to start the business one?

---

I originally just opened a standard account and took the offer to convert to a business account. 

[Anonymous]

Interesting B. I did some digging and looks like this is by invitiation only at this point. I haven't seen an invite for my AmazonBusiness or DGF's account. I'll have to keep an eye out to see if I get one. 

[Anonymous]

My companies Amazon Business account just received this offer today.  We indicated our spend is about $10,000 a month and that's what was approved in a few hours. We don't use our Business account much. Not sure what they're targeting.

[ecb]

How long after converting to business account did it take to get the email?

I converted ours yesterday.

[Anonymous]

---

@ecb wrote:

How long after converting to business account did it take to get the email?

I converted ours yesterday.

---

This account was opened less than 6Mo ago, it's signed up for Vendor Express and made a few purchases.

[ecb]

Thanks for the info. We've had that account since 2010 so will be waiting to see if we get the invite