List of companies that help build business credit

List Of 15 Companies That Help Build Business Credit 2024

As a business owner, establishing and maintaining good credit is essential for the long-term success of your company. However, building business credit can be a challenging process, especially for new and small businesses.

Luckily, there are companies out there that specialize in helping businesses build their credit profiles. In this post, we’ve compiled a list of 15 companies that offer products and services on payment terms and report to Dun & Bradstreet, Experian, and other credit reporting agencies.

By working with these vendors, businesses can not only access the products and services they need to grow, but also build their credit at the same time.

So, whether you’re looking to secure a loan or negotiate better payment terms with your vendors, keep reading to discover the top companies that can help you build your business credit.

Top 15 Companies That Help Build Business Credit

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1. Wise Business Plans

Wise Business Plans offer professional business plan writing services for entrepreneurs, small business owners, and startups.

For over a decade, Wise Business Plans has provided high-quality, customized business plans to thousands of clients. They work closely with clients to develop business plans that are tailored to their unique needs.

Their other services are business formation, website design, business licensing, branding, and digital marketing.

Wise Business Plans helps companies establish business credit by offering their services on Net 30 payment terms.

To open and maintain a net-30 account, a fee of $99 needs to be paid annually. Account management and service costs are covered by this fee. After approval of net 30 terms, you can also apply for net 60 and net 90 terms based on your credit history.

2. Grainger

Grainger is a reputable business-to-business (B2B) distributor that offers a wide range of industrial supplies, equipment, and tools to customers across multiple industries, including healthcare, education, and manufacturing, among others.

As a leading supplier of quality products and services, Grainger is committed to providing their customers with reliable solutions that meet their unique needs.

To establish payment terms with Grainger and build business credit, customers can apply for a net 30 account. This can be done easily by calling one of their representatives and completing a 10 to 15-minute application over the phone.

Once the application is submitted electronically, customers typically receive a response within one to two business days.

3. Quill

As one of the most well-known online retailers, Quill offers a wide range of office supplies, furniture, technology, and promotional products to businesses and individuals across the country.

With a commitment to quality, affordability, and exceptional customer service, Quill is a trusted choice for many organizations.

To help businesses build their credit, Quill offers a convenient payment option called “Invoice My Account.” This allows companies to establish a credit account with Quill and make purchases on credit with the flexibility to pay within 30 days.

Quill aims to provide a hassle-free process, with credit applications typically approved or declined within 24 hours. If a credit application is declined, customers can reapply within 90 days, giving them an opportunity to improve their creditworthiness.

4. Summa Office Supplies

Summa Office Supplies is a leading online retailer in the United States that offers a wide range of high-quality office supplies, furniture, technology, and promotional products.

Their one-stop-shop provides businesses and individuals with everything they need to keep their offices running smoothly, with a strong emphasis on quality, affordability, and exceptional customer service.

In order to support businesses, Summa Office Supplies offers a financing option that allows customers to purchase supplies on credit and pay within 30 days. To establish good credit, it is important to manage the account responsibly and pay Summa Office Supplies invoices on time.

Summa Office Supplies offers tier 1 and tier 2 credit accounts to their customers. The tier 1 account is available to customers who are placing their first order and requires a minimum order of $75.

Customers may apply for a net 30 account under this tier. For tier 2, customers may need to have established credit or a history of ordering products from Summa Office Supplies.

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5. Uline

Uline is a highly reputable, family-owned business with over four decades of experience as a leading wholesaler and distributor of shipping and industrial supplies throughout North America.

They offer a diverse product catalog with over 40,000 items, as well as a widespread network of warehouses and distribution centers, providing their customers with fast and efficient delivery of products.

The application process for a Uline business account is simple and convenient. As a new customer, you can apply for net 30 billing terms by using your customer number, located at the back of the catalog, and selecting the “Invoice Me” option.

With net 30 payment terms, businesses can enjoy the convenience of receiving products before paying for them.

6. Business T-Shirt Club

Business T-Shirt Club is an online retailer that specializes in providing custom-designed t-shirts to businesses and organizations through their monthly subscription service.

They make it easy and affordable for companies, groups, and events to receive high-quality, customized t-shirts that are uniquely designed to fit their brand.

To help businesses build their credit, Business T-Shirt Club offers a membership application for a net 30 account. This financing option allows businesses to receive their custom-designed t-shirts and pay for them within 30 days, which can help to manage cash flow and improve their credit score.

To qualify for a net 30 account, businesses are required to pay an annual fee of $70, which includes access to different credit reports.

7. Crown Office Supplies

Crown Office Supplies is a trusted supplier of high-quality office and school supplies, catering to businesses and educational institutions.

They offer a vast selection of products, including furniture, technology, cleaning and breakroom supplies, and essential office items such as pens, paper, and folders, all at competitive prices.

You must have been in business for at least 90 days with no negative marks on your credit history in order to qualify for a net 30 account with Crown Office Supplies.

The credit check system used by the company ensures timely payments by potential clients. If your account is approved, a $99 membership fee will be required to activate it, enabling you to purchase products on a net 30 basis.

8. Creative Analytics

Creative Analytics is a full-service digital marketing agency that specializes in data-driven solutions to help businesses succeed online.

They offer a broad range of services, including website design and development, search engine optimization, and social media management.

With a proven track record of success and a commitment to delivering high-quality work, Creative Analytics is a trusted partner for businesses looking to improve their online presence.

One of the ways Creative Analytics stands out from other agencies is by offering flexible financing options to their clients. For eligible businesses, they provide net 30 payment terms, which allows clients to pay for their services within 30 days of receiving an invoice.

This option can be especially beneficial for businesses with tight budgets or those looking to manage their cash flow more effectively. With net 30 payment terms, businesses can access the digital marketing services they need without having to pay for them upfront, freeing up funds to invest in other areas of their business.

9. Credit Strong

Credit Strong is a prominent fintech company providing cutting-edge credit building solutions aimed at assisting customers in enhancing their credit scores.

Through Credit Strong’s account opening, customers can avail themselves of credit building installment loans that are tailored to improve credit history and elevate credit scores.

You can choose from a wide range of credit building options with Credit Strong, and each plan is tailored to your unique needs and financial goals.

A variety of installment loan amounts, terms, and interest rates are available, so customers can find a plan that meets their needs. On-time installment loan payments can help customers establish a positive credit history and boost their credit scores.

10. Ohana Office Products

Ohana Office Products is a trusted provider of office supplies, furniture, and technology products for businesses.

They offer a vast selection of products at competitive prices, making it easy for businesses to get everything they need in one place. Additionally, eligible businesses can benefit from Ohana Office Products’ net30 payment option, providing them with greater flexibility in their cash flow.

Creating a net30 account is a quick and easy process, and once it’s completed, businesses can submit a credit application to apply for net30 payment terms.

Ohana Office Products will review the application and assess the creditworthiness of the business, taking into account factors such as credit history and payment behavior. If the business meets the criteria for a net 30 account, it will be approved, and net 30 payment terms will be added to the account.

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11. eCredable

The company provides credit reporting services to consumers and small businesses who may have difficulty accessing credit due to a lack of traditional credit history.

They offer an innovative alternative credit reporting system that takes into account a wide range of financial data, such as payment history for recurring bills like rent and utilities, to help individuals and small businesses build credit profiles.

In addition to their credit reporting services, eCredable also offers a business lift program designed to help businesses increase their credit scores at multiple credit bureaus, including D&B, Equifax, Creditsafe, and Experian.

This program can be beneficial for businesses that are just starting out, as well as those that are looking to improve their credit scores. To enroll in the program, businesses are required to pay a one-time setup fee of $49.95 and a monthly subscription fee of $9.95.

12. NewEgg Business

NeweggBusiness is a trusted online retailer that offers a vast selection of computer hardware and software, electronics, and office supplies to businesses.

NeweggBusiness offers a convenient and flexible payment option that offers businesses convenience and flexibility in addition to their wide range of products.

To apply for a net 30 account, businesses must first register on the NeweggBusiness website. Registration is a simple and straightforward process, and once it’s completed, businesses can apply for net 30 payment terms by submitting a credit application.

The credit application will be reviewed by NeweggBusiness, who will assess the creditworthiness of the business, taking into account factors such as credit history and payment behavior. If the business meets the criteria for a net 30 account, they will be approved, and net 30 payment terms will be added to their account.

13. Home Depot

As a well-known home improvement retailer, Home Depot offers homeowners and contractors a variety of products and services. With their Credit Center, Home Depot offers both personal and business financing options in addition to its retail offerings.

Business customers can purchase online or in-store with the Home Depot commercial credit card. Several advantages of the card include a 60-day payment window, a no-annual-fee plan, and the ability to add authorized users.

14. Office Garner

Office Garner is an online retailer of office supplies, furniture, and technology. Customers who qualify can purchase products on credit and pay within 30 days with the net-30 option offered by the company.

To apply for a net-30 account with Office Garner, select the “Pay on Net-30 Terms” option at checkout and provide the required business and contact information. Your account status will be notified to you after the company reviews your application. There is a one-time processing fee of $69 per order.

15. The CEO Creative

The CEO Creative store offers office supplies, electronics, custom apparel, and branding services. 

Applicants must have US-based businesses with EINs, and active corporations within their state in order to apply for business credit. It is essential that your business credit history is clean, with no late payments reported in the past six months. You will be charged $49 annually, and the company will build your credit through Equifax Business and CreditSafe.

FAQs:

Business credit refers to the creditworthiness and financial reputation of a business entity. It is separate from personal credit and is based on the business’s financial history, payment records, and relationships with creditors. Building strong business credit can help companies access financing, secure favorable terms with suppliers, and establish credibility in the marketplace.

 Building business credit is crucial for several reasons. It allows businesses to access loans, lines of credit, and other forms of financing without solely relying on personal credit. It also helps establish a separate credit profile for the business, protecting personal assets and minimizing liability. Additionally, strong business credit can enhance a company’s reputation, attract potential partners or investors, and improve its overall financial stability.

The companies on the list specialize in assisting businesses with building and improving their credit profiles. They provide services such as credit monitoring, credit reporting, credit-building strategies, and guidance on establishing trade credit relationships. These companies may offer tools, resources, and expertise to help businesses navigate the process of building and managing business credit effectively.

While these companies can provide valuable assistance and guidance, it’s important to note that building business credit is a gradual process that requires responsible financial management and consistent positive credit behavior. The listed companies can help optimize credit-building strategies and provide resources to improve creditworthiness, but individual results may vary depending on the business’s specific circumstances and credit history.

Each company on the list may have its own fee structure and pricing model. Some companies offer free resources and educational materials, while others provide paid services or subscription plans for more comprehensive credit-building assistance. It is recommended to visit the websites or contact the companies directly to inquire about their specific offerings and associated costs.

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