I've got a new LLC, formed April 2018. Started a D&B file last month. Capital 1 spark classic, 500 limit. Personal scores mid 600's.
Ordered 70 bucks worth of stuff from quill, checked the "bill me" box. Order arrived today, looked at account, saw the invoice.
So I called their credit dept to find out if I was on net 30 terms, was advised the system released the order because it was under $100, but she asked if I wanted her to see if I could be put on net 30 terms. I said sure, why not.
After a brief hold, she comes back on the line and says she found my company on D&B, but the info was limited so I would have a low SL, only $200. She advised me that the SL will grow as I pay on time.
Anyways, it's a start. I figured you guys would find the info useful if you happened to place a small order and assumed it meant you were on net 30 terms just bc it ships.
PLEASE be advised. Spoke to credit department, and Quill ONLY reports the 1st Monday of every month. The invoice has to be opened on this day if not, it will NOT get reported on your D&B. I placed order today and it will get reported because Monday the 8th will be the first Monday of the month. I placed an order on the 21st of December and paid it after it got shipped. It didn't report. Thanks to do this post in found this out and I am now set up with a net 30 for only $100 limit. Hope this helps some of you understand how they work.
Target SC $300 CL Walmart SC $300 CL Credit One $550 CL Kay Jewelers SC $1k CL Cap1 QS $500 CL Cap1 QS AU $1.1k Cap1 QS1 AU $950 CL Home Depot SC AU $2500 CL FingerHut SC $800 CL Rebuilding 12/08/18 624 EQ 591 TU 581 EX