One of the easiest ways for small business owners to start building business credit is to get net-30 vendor accounts with companies that report to commercial credit agencies. Pay on time and you will build credit references that may help boost your business credit scores and, over time, help you qualify for other small business loans and financing.
Not sure what net-30 accounts are or how they work? Not to worry. This is your guide to setting up vendor accounts that will benefit your business and your business credit.
What Are Vendor Financing Companies?
A net-30 account — also called vendor financing, vendor credit, or supplier financing — is one that gives you 30 days to pay your bill in full after you have purchased products. It’s credit from a vendor that allows you to buy now and pay later. Net-30 vendors that report those payments to commercial credit agencies help your company establish a strong business credit history.
Using vendor financing companies also offers a great way to help improve cash flow. You can get the items your business needs, sell your products or services, then pay for them out of cash flow.
Vendor trade credit is not just limited to net-30 accounts either—some vendors offer net-15 (15 days to pay), net-60, or even net-90 day credit terms. You’ll agree to whatever terms they are willing to offer and establish those terms on your purchase order, so make sure to read the fine print to ensure you understand your payment terms.
Where do you find these vendors? Below, we’ve provided twenty net-30 vendors (+ a bonus resource) that will make it easy to get started. Most are startup friendly, and don’t require a personal credit check or personal guarantee.
Build Business Credit by Setting Up Your Business Properly
Before you jump in and open accounts, we recommend you take a few essential steps to build a solid foundation. If you don’t take the time to set up your business properly, you may not get approved for trade credit.
- Create a business entity. If your business is not set up as its own legal entity (such as an LLC or S Corporation), consider creating one. If you decide to operate as a sole proprietor, make sure your business is at least registered with your Secretary of State with a fictitious name filing. (Some vendor accounts on this list are not available to sole proprietors.)
- Get a business bank account. Make sure you have a separate business bank account rather than pay for business expenses from your personal checking account. This won’t directly impact your credit but it will impact your ability to get business financing in the future.
- Use a business email address, rather than a generic email address like Hotmail to further legitimize your company.
- Get a business phone number. There are services that will give you a phone number that can ring on your cell phone.
- Get an Employer Identification Number (EIN) and a D-U-N-S number from Dun & Bradstreet. You can get each for free, and some vendors will require them.
While you can always purchase items from these vendors and pay with a credit card at the time of purchase, that doesn’t help you build business credit. You need to purchase on credit through the vendor.
20 (+ Bonus) Net-30 Vendors That Report to Commercial Credit
Let’s look at vendors that offer net-30 payment terms and that report to the major credit bureaus. While you can always purchase items from these companies and pay upfront with a credit card at the time of purchase, that doesn’t help you build business credit. You need to purchase on credit through them.
Creative Analytics is a full-service digital marketing and management strategy consulting agency that offers 3 different types of business accounts to choose from to build credit:
- An annual purchasing charge account ($79 annual fee) —purchase office products such as small electronics, desk and office decor/accessories, fitness items, beauty professional tools, kitchen items, etc. as well as limited digital marketing services on monthly installment plans (e.g. websites and social media). Will report tradelines between $1,000 and $10,000.
- A monthly “business credit on autopilot” membership (no annual fees or additional purchases required for reporting) to their Founders Circle community (customers choose between a digital library plan or access to the full mastermind network at a cost ranging from $49 – $149 a month). Will report tradelines of $1,000 to $12,000.
- Pay by Invoice account with NET 30 (no annual fee) terms for purchase of any of their full suite of marketing or strategy services, such as WordPress web development, logo design, social media management and advertising, Google PPC, email marketing, SEO, management strategy, and more.
To qualify for NET 30 business account your business must:
- Must operate in the United States
- Must have both a Tax ID # (EIN) and D-U-N-S number
- Be established for at least 30 days
- Not have any derogatory business reporting or delinquencies
- have an Authorized Officer of the organization submit the application
Payment history is reported to multiple major business credit bureaus monthly.
Business T-Shirt Club is a membership based print & embroidery company offering access to premium apparel brands at wholesale rates, high quality custom print and embroidery services, print on demand fulfillment services, corporate partner discount programs and more. The annual membership fee is $69.99.
Payment history is reported to Equifax, Creditsafe, Ansonia & Cortera.
Another net-30 vendor who reports to credit bureaus is Summa Office Supplies, where you can shop for paper, folders, envelopes, labels, and any other office supplies your company might need.
Summa offers credit for both new and well-established businesses, and they’ll provide written trade credit references upon request. Pay your bill on time and then you can request larger credit lines. Summa reports to Equifax business credit.
To open your line of credit, fill out this application and put the code SOSNAV in the referral code field.
Office Garner offers a variety of products including office supplies, electronics, website design and business cards. There is a one-time $69 processing fee. It offers net-30 terms to businesses that are based in the US and have an EIN, are at least 30 days old, and do not have derogatory business credit.
The CEO Creative meets a variety of business needs in one stop. They offer office supplies, custom website design and branding services, business accessories, electronics and custom apparel. They do not charge any interest on any purchases.
To apply to The CEO Creative, you must have a US-based business that has been in business at least 30 days in business with an EIN, and your corporation must be active within your state. There will be a business credit check and you must have a clean business credit history with no late payments reported in the last 6 months. Your business can be quickly approved for a starting credit limit of up to $3,500 with no personal credit check or personal guarantee. There is a $49 annual fee upon approval. It reports to Equifax Business and CreditSafe.
Another place to get office supplies online, from printer ink to pens, is Quill. When you set up your account you will be asked to fill out a profile that describes your business, including the year the business was started and the industry in which you operate. (Don’t be discouraged if your business is young; newer entrepreneurs often report success getting a Quill account.)
Once you find what you want to buy, add it to your cart. Proceed toward checkout and you’ll see a payment option called “invoice my account.” If approved, you’ll get net-30 terms on your invoice. According to Quill, approval can take 1-2 hours during business hours, or up to a business day if you apply outside normal business hours, Monday through Friday.
Similar to the other two vendors mentioned here, you don’t need to provide a Social Security number. Quill will verify your business address before extending terms. Again, most business owners who have properly set up their businesses should find it to be an easy process.
Fidextech is a professional digital marketing agency specializing in web design. It also offers digital marketing services such as PPC ads, SEO, and logo design and branding. It also sells web hosting packages and domain names. Fidextech says it helps small businesses and entrepreneurs – especially startup businesses.
To open a net 30 account, a business must be a US business, have 90 in business at least, and business info such as EIN, type of business, a registered business number, or DUNS etc. It reports to Dun and Bradstreet.
NewEgg Business offers a wide variety of technology products and solutions including PCs and laptops, hardware, workstations, software, POS devices, peripherals and more.
You must have a Newegg Business account before applying for net 30 terms.
Coast to Coast office products and digital downloads (software and eBooks)
To use Net-30 terms, during Checkout make sure to click on the button that says: Bill My Net 30 Terms Account. A digital invoice will be sent to your registered email address.
Ohana Office Products a variety of office products. It also strives to provide support to new clients through personal support. New clients may qualify for a net-30 trade account for up to $2000. It reports to two major commercial credit reporting agencies: Equifax and another bureau through Behalf.
Sign up for an Ohana Office Products account here and use referral code OOP-LD3OPQ at checkout.
NAMYNOT Inc. offers digital marketing services which include SEO, content writing, social media management & marketing, inbound lead generation, PPC, video production, e-commerce, plus WordPress design & development. It offers up to $10,000 in buy now, pay later services and reports payments to a major commercial credit reporting agency.
Grainger offers a large variety of products for businesses, including tools, plumbing supplies, and safety equipment. They also offer office and janitorial supplies. There is a very wide variety of merchandise offered, so you should be able to find something your business needs.
Signing up for a Grainger account is free and easy. You can create your online account to store shipping and invoicing details, but you’ll need to call 800-GRAINGER (472-4643) to set up your line of credit.
13. JJ Gold net 30
JJ Gold offers corporate gifts, personal care and cosmetics.
Your business must be in business at least 30 days with an EIN, utility bill or bank statement and driver’s license to qualify.
Uline offers a wide variety of products your business may need including shipping boxes, office furniture and supplies, food service packaging and kitchen supplies, and more. To qualify for a line of credit with Uline, you’ll need to first apply on the website.
Once you’re approved, just shop for supplies your business needs, then at checkout, choose net-30 billing as your payment option.
Note: you may need to make five or more purchases before Uline will allow you to access net-30 terms.
Pay on time or even make an early payment and you’ll have another credit-building account under your belt. Like Grainger, this account is considered quite easy to get. You don’t need to submit your Social Security number and your personal credit scores won’t be checked. Uline reports to business credit bureaus including Experian (business).
Wise Business Plan® specializes in creating professionally written business plans, pitch decks and Powerpoint presentations for small business owners. Plans cover a variety of purposes, including franchises, non-profits, as well as investor grade and bank compliant plans. Each business plan is custom written by writers with MBAs, researchers, and financial modelers, and are professionally designed.
Wise Business Plan purchases are paid for with 50% due up front and 50% due before releasing the draft. Those purchases are reported to business credit bureaus.
Supplyworks is now the wholesale distribution division of The Home Depot® offering pro-grade products—everything from cleaning chemicals, paper products and PPE to plumbing and lighting products.
The minimum order is $150. Orders less than $150 are subject to a $9.95 handling fee. Minimum order on drop ship orders is $50. Invoices not paid within terms are subject to monthly service charges of 1-1/2% per month (18% annual percentage rate).
17. HD Supply net 30
HD Supply offers a wide variety of products for the business professionals in maintenance, repair, and operations (MRO).
You can also apply for a ProPurchase® card, which works at The Home Depot® retail stores nationwide. Those purchases will be invoiced to your HD Supply account. For net 30 accounts, a minimum charge of $2 or 1.5% per month, 18% per year, is charged on past due invoices.
Wayfair offers a very wide variety of products including office and storage supplies, furniture, lighting, tech accessories and much more.
Wayfair Professional offers two types of accounts. The Wayfair Professional Flex Account is a net 60 account, at checkout. The Wayfair Professional Credit Card offers 2% cash back. The website states that both accounts help build business credit, though the specific bureau is not mentioned. They are offered through Capital One. Unlike most of the accounts on this list, this account may require a personal guarantee. An EIN is required, and terms and conditions state a business entity is required.
Both financing options are eligible to use in the United States across all Wayfair sites: wayfairprofessional.com, wayfair.com, jossandmain.com, allmodern.com, birchlane.com, and perigold.com.
While orders can be delivered globally, financing accounts must be tied to a United States physical billing address. If you don’t have a United States physical billing address, call Wayfair at 844-251-0720 to learn more about your financing options.
Office Depot offers a wide range of office supplies, printing, furniture and more.
The Office Depot OfficeMax Business Account requires payment in full each month. On the application it suggests agreeing to a personal guarantee to increase the likelihood of approval if your business meets any of the following criteria: a sole proprietorship, a partnership, unincorporated; or a corporation with an annual revenue of less than $5,000,000, less than 10 employees, or incorporated less than 3 years. Some applicants have been denied with less than three years business credit history, so you may want to make sure business credit is well established before applying for this account.
Amazon offers the world’s largest selection of products for businesses.
Amazon’s Pay by Invoice program offers net 30 terms, which can be extended with a Business Prime Membership to net 45 (small and medium businesses) or even net 60 terms (enterprise). However, this program is by invitation only and does not report to business credit.
As an alternative, the Amazon Business Credit Card allows you to choose 3% back or 60 day terms, while the Amazon Business Prime American Express card allows you to choose 5% back or 90 day terms. It does report to multiple business credit bureaus.
Bonus: Nav Prime
Nav Prime isn’t technically a net 30 vendor because you pay as you go, but paying your bill every 30 days can help you build business credit history by establishing a new tradeline with multiple business credit bureaus including Experian and Equifax. Reporting is never negative.
How to Get Started With a Net-30
There are a few important caveats to successfully navigating this process.
First, and this is important, you do not have to run up debt and pay interest to build business credit via net-30 vendors. Most vendor payment terms allow you to purchase items and pay them off in full by the due date on vendor invoices to avoid interest. You may even get early payment discounts if you pay before the due date. That’s perfectly acceptable when it comes to building good business credit.
It is also worth noting that credit limits typically do not appear on these reports. Instead, the highest recent balance will be reported. So if you spend a very small amount, you may not see the same impact as you will if you make larger purchases. You don’t want to fall into the trap of buying things your business doesn’t need, but if you do need more expensive items, consider getting them from companies that will report the transaction to credit bureaus whenever possible, to get the added benefit of building credit.
Note that unlike personal credit, the names of your vendors will not appear on your business credit report. Instead, they will report as “business type” such as packaging. So keep track of which accounts you have opened and when; you may need to match that to your credit reports if you aren’t sure which account is coming from which vendor. Also, keep in mind that not every vendor reports to all the major business credit bureaus.
Learn more: Experian business credit report
Pay early when possible. Unlike with your personal credit accounts, where you can usually go online to pay your account and have your payment credited the same day, it may take longer for payments to vendors to be processed. If you mail in your payment, do so at least a week before the due date to ensure your credit report reflects on-time payments, because late payments can negatively impact your business credit rating and credit history.
It may take a month or even two before one of these accounts shows up on your business credit reports. Be patient and monitor your credit. If it doesn’t appear in your payment history by the third month after you’ve opened it, contact the vendor to make sure it is properly associated with your business and to confirm it will be reported with at least one of the three business credit reporting agencies.
Also worth noting: new accounts sometimes have the effect of lowering business credit scores. This is usually temporary and many business owners see a positive impact on creditworthiness as they pay on time.
Net-30 Vendors Are Great for Your Business Credit
Once you’ve established a business credit file, make sure you are doing your part to build your credit history by paying on time. You may also build business credit with business credit cards. Most small business card issuers report to at least one commercial credit reporting agency. Many small business lenders also report to business credit.
Frequently Asked Questions on How to Build Business Credit
This article was originally written on December 16, 2019 and updated on August 30, 2023.