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I've been looking for a few companies to add tradelines to my business. I stumbled upon JCPenney Commercial and applied. Instant Approval $1500.
The process was seamless. Simply went online and filled out the application. NO PG
The business is almost 8 years. 1 tradeline since 2013. Added 2 more tradelines in 2016. Then AMEX in 2018. For a total of 5 tradelines as of 9/10/19.
I have a JC Penney 10 minutes from me. I'll get white towels and sheets for the new spa we're looking to open. I won't use it much either but at least it provides another tradeline.
Congrats on the approval, but I believe this is one of the Synchrony commercial accounts that do not report.
You should talk directly to the underwriters on this one...no customer service reps...they just do not know.
I know you are expecting another tradeline, so further due dilligence is needed.
Best to you,
bizcredit11
Awesome! I app'd for this several times since Feb 2019 and was denied, until July when we were approved instantly for $1k credit line. The thing I don't like there's no online access, or online bill pay. I called CS and was told I would be mailed an invoice for any balance and could send in a check. Not sure if I use it, and especially if it doesn't report.
No report = no bueno.
If they had something you can use frequently for the business and they also made it easy to pay then it might be a fit. Otherwise...
I agree, especially if you have to mail them a ceck!
Who even does that these days.
@Anonymous wrote:
Congratulations! And the nice thing is you don’t have to pay them back! They’re bankrupt! 😂
@GApeachy wrote:
@Anonymous wrote:
Congratulations! And the nice thing is you don’t have to pay them back! They’re bankrupt! 😂
Any company that decides its a good idea to limit the ways to "receive" money should be put in the "short bus" category. At this point in their lifecycle they should be accepting ALL forms of payment including Bitcoin. Do they even have a CFO?