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Whether you are a start up or existing business you can obtain a Net 30 Account with companies like Strategic Network Solutions. These companies are willing to offer start ups and/or existing businesses an opportunity to purchase products or services upfront but defer payment for 30 days or longer.
Not only does this particular company offer a wide variety of products that are all computer, electronic, and productivity related but best of all your payment experience is also reported to Small Business Equifax.
So before you decide to purchase your next computer device using your personal credit card consider opening a business account with a Net 30 Vendor.
Once you open an account you can purchase items like Android Tablet PCs, Web Cams, computer monitors, printers, network cards, switches, and productivity software. This may help you get the tools you need to launch your new business or expand your existing one.
Another benefit to using this Net 30 Vendor is after a couple of positive payments on item(s) that your company purchases from its store, you would be eligible for a no personal guarantee reporting hardware lease.
As you know a lease is another type of financing that can further help your company establish its diversity of credit on its profiles. With a hardware lease you can avoid shelling out large sums of cash for major computer purchases which allows you to conserve cash flow.
Some of the other IT Services offered by S.N.S. include Endpoint Security, Business Continuity, and Disaster Recovery.
This is truly a great starter vendor but before you apply here are the basic approval criteria:
*Business bank account
*Employer Identification Number
*Deliverable business address
*Dun and Bradstreet Number
If you don't have a Dun and Bradstreet Number yet just enter "0" in the DUNS field when filling out the New Client form online. You can always update this information with a vendor once you obtain your number.
Keep in mind if you decide to apply for a DUNs number at no charge it may take up to 30 days for you to receive your number. Once your number is issued your file will be incomplete until a vendor starts reporting your payment data to DNB. To avoid the delay you can always obtain a DUNs number within a matter of days by purchasing one of DNB's programs like DUNS File Creator.
Remember, it usually takes up to 30-60 days for your trade line to show up on your Small Business Equifax credit report from the date of purchase.
Here is how to set up a Net 30 business account:
Step 1 - Go to the Strategic Network Solutions web site
Step 2 - Click on the tab labeled "Business"
Step 3 - Click on the "Sign Up" tab
Step 4 - Create your User ID and Password
Step 5 - Complete the Application in its entirety and be sure to use coupon code: (SNSSBC)
Step 6 - Read all the Terms regarding your business credit account
Step 7 - Check both boxes and then click on the "Register" tab
Upon submitting your application Strategic Network solutions will provide you with the next steps for using your new Net 30 business account.
Now keep in mind once you open an account, you must consistently use it. Don't make the mistake of making just one purchase in the first month, then another in month four and another in month ten. You need to consistently use your new credit line every month.
By using Net 30 Vendors your business can conserve cash flow, obtain products and services it needs, and establish a positive credit history for your company.
