Page 157 - Winning The Credit Game Bundle (CK Patrick)
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Office Depot offers a number of credit options for businesses,
including a variety of rewards and payment terms which readers
can view by following the link in this footnote. 4
Uline offers tradelines that can be used to purchase supplies,
including shipping supplies, packaging materials for retail prod-
ucts, and safety and janitorial supplies. 5
Grainger is another favored tradeline partner for small busi-
ness owners, offering tradelines that can be used to purchase
tools and supplies for a variety of hardware-intensive indus-
tries, including HVAC, plumbing, lawn care and landscaping,
laboratory equipment, metalworking, and vehicle
maintenance. 6
You can find many more vendors offering net 30 business
credit lines for businesses with little credit history, but these are a
few of my favorites.
There are also other resources to help you rapidly build busi-
ness credit. Here are some other potential good additions to your
early business credit portfolio.
ECREDABLE
eCredable is a company that will allow you to report almost any
business account to Dun & Bradstreet, Equifax, CreditSafe,
Ansonia, and Experian business reports as positive payment
history. This can help you rapidly grow your business credit
history without requiring you to make new purchases or spend
more money.
With a $50 initial setup fee and about $10 per month fee
thereafter, eCredable does cost some money but is arguably a
good value for the ability to report thousands of dollars in pre-
existing bills to these major credit bureaus as credit history each
month. You can explore eCredable’s options and sign up if you
wish using the link in this footnote. 7
To me, eCredable is an obvious choice for businesses since it
allows you to get business credit payment history for potentially
thousands of dollars per month in bills you are already paying to
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