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I placed my first order with Uline today for $21 in attempt to establish business credit. I received a shipping confirmation so apparently I was approved for a Net 30 account, question is, how will I know how much I was approved for? Hopefully not $20 lol
Never mind, I got my answer
I called their customer service line and they directed me to their credit department, I was approved for $250 net 30 yay! I know it’s not much to some of you guys, but this is my first business tradeline. Going to pay as soon as my invoice arrives, can’t wait to build my business credit!
Uline tends to be a moving limit as you need it and as you have experience with them. Last I checked mine was only like $1300 but I have never had an order decline and I have had mine for years and years... have even changed which business owns the line at some point.
I always call in and pay my balance with a credit card too!
Yes, they mentioned it can grow. Question, if I don’t use the account for a month or so, does it still report?
@MyLoFico17 wrote:Yes, they mentioned it can grow. Question, if I don’t use the account for a month or so, does it still report?
I'm unsure about reporting... business credit reports are so much harder to read than personal since companies are not listed with names.
Oh wow. That’s interesting. I’ve never seen a business credit report. Guess I’ll just place a monthly order to be on the safe side. I’d like to do this with two other companies to produce a Paydex score.
@Creditaddict wrote:
@MyLoFico17 wrote:Yes, they mentioned it can grow. Question, if I don’t use the account for a month or so, does it still report?
I'm unsure about reporting... business credit reports are so much harder to read than personal since companies are not listed with names.