Get Approved for Larger Vendor Accounts
Before you worry about getting approved for larger vendor accounts, you should be well established in the business credit building process and you should already have several business credit accounts that report to Dun and Bradstreet, Experian Business, and Equifax Business. If you’re not in this stage of the business credit-building process or if you know nothing about building business credit, you will want to first learn the steps that you need to take in order to build business credit. You can learn how to build business credit and establish a business credit profile by enrolling in business credit courses or using certain business credit services.
As you continue through your business credit journey and have built a solid business credit file, you’ll start to realize that larger companies and bigger brand names are now willing to offer you a business vendor account with trade credit, typically on NET 30 terms. Now, these larger vendor accounts will not approve you right out of the box. You’re going to want to make sure that you’ve been building business credit for a while and have at least 6-8 vendor ac counts that have reported a positive trade reference for some time BEFORE you apply for any larger vendor accounts. All of the steps needed to get to this point and qualify for larger name brand vendor accounts can be found in specific business credit courses, business credit programs, and business credit services.
If you’re interested in learning more about the DIY business credit course offer or if you’d like to compare business credit services and compare general business services, read more below or visit the business credit services comparison page to compare business credit services.
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