13 net 30 accounts and vendors to help your business build credit

Building a good credit score for business loans can make it easier for you to secure financing and access higher credit limits when your business needs it. A good way to start is with net 30 accounts.

What is a net 30 account?

A net 30 account is a 30-day trade credit agreement on invoices from business vendors. Also known as a vendor tradelines or net 30 tradelines, these agreements allow you to pay vendors within 30 days—including weekends and holidays—after the invoice, with no interest.

For example, if an invoice is due March 1st, you'd have until March 31st to pay it in full without any interest. Net 30 accounts are typically free, though some charge an annual fee for the credit line.

As long as the vendor reports to the business credit bureaus, such as Dun & Bradstreet, Equifax, or Experian, on-time payments will build up your credit score.

Net 30 accounts may also make it easier for your company to budget for variable expenses. Rather than paying upfront, you’ll know 30 days before bills are due how much they’ll cost your company.

Key features of net 30 accounts

• 30-day payment terms: You must pay the full invoice amount within 30 days of the purchase date
• Credit limit: A set amount of credit extended by the vendor, which can vary based on your business’s creditworthiness
• Credit reporting: Many net 30 accounts report payment history to business credit bureaus, such as Dun & Bradstreet or Experian, helping to build your business credit profile
• Interest-free: Most net 30 accounts do not charge interest if the balance is paid within 30 days. However, late fees may apply if payments are missed.
• Vendor flexibility: Some net 30 vendors may offer extended terms—net 60 or net 90—or allow businesses to access additional credit lines as they demonstrate reliable payment history

12 best net 30 business accounts for new businesses

Here’s a look at some of the best net 30 accounts. Our picks include those with easy approval and no interest rate within 30 days of receiving an invoice.

1. Newegg Business

Newegg Business offers a Net 30 Credit Line to companies purchasing computers and other IT equipment. It can take 5 to 10 business days for the company to process your application.

To qualify for a Newegg Business Net 30 account, a business must first create a NeweggBusiness account. This requires valid email and primary contact information, along with company details such as an EIN. The primary account holder is the only one eligible to apply for net 30 terms, though they can authorize sub-users. There’s no fee to set up the net 30 account.

2. Shirtsy

Looking for company swag? You can purchase t-shirts, jackets, and accessories with net 30 terms. Simply fill out Shirtsy's online application for net 30 terms.

For Shirtsy's Net 30 account, your business must have been operational for at least 30 days and have an EIN. The application process doesn't involve a personal credit check or personal guarantee. The approval process is contingent on commercial data reports but does not result in a hard credit inquiry on personal credit. The account setup requires an annual membership fee of $99.

3. Uline

Uline, a family-owned business selling industrial and packing materials, makes it easy for new customers to get net 30 credit by using the customer number on the back of their catalog. If the company needs further information, a credit agent will reach out to you.

Uline doesn't require a Social Security number or business bank account information. The application asks for bank and trade references and a DUNS number, if available. Approval allows for net 30 payment terms at checkout. There’s no annual membership fee, and business credit activity is reported to business credit bureaus such as Experian.

4. Quill

Customers who place an online order for at least $100 of office products can request net 30 terms at checkout. Quill will run a credit check on your business, typically completed within 24 hours.

The application also requires basic company information such as business name, address, legal entity structure, EIN, business age, number of employees, and estimated annual income. There’s no annual fee for the Quill Net 30 account, and it reports to both Dun & Bradstreet and Experian Business.

5. Crown Office Supplies

Crown Office Supplies is another office supply vendor that provides net 30 terms to qualified customers, including new businesses. You can apply for a net 30 account on the company’s website.

To qualify, you must be an authorized officer and controlling party of your business, and the application requires information such as the legal business name, business address, and EIN. Crown Office Supplies reports to all three major credit bureaus: Dun & Bradstreet, Experian Business, and Equifax Business.

However, there’s a $99 annual fee for the net 30 account, with a minimum purchase amount of $30 to report your payment history.

6. Office Garner

To qualify for a net 30 account at Office Garner, your business must be at least 30 days old. You can use the account to pay for traditional office supplies in addition to electronics or services like Web site design.

Applicants must have an EIN, and the authorized officer of the organization must submit the application. Office Garner reports customer payments to credit bureaus such as Equifax Business, Credit Safe, and the SBFE. There’s a one-time $69 administration processing fee for setting up the net 30 account.

7. The CEO Creative

The CEO Creative sells a variety of office supplies and services, including printed products such as business cards and brochures. You can apply for a net 30 account on the website.

Eligible businesses must have been in operation for at least 30 days and must maintain a clean business history with no late payments. The CEO Creative doesn't require an application fee or annual fee.

8. JJGold International

You can find office decor, such as desk accessories and furniture accents, at JJ Gold International. The company has approved more than 25,000 customers for net 30 accounts. To qualify, your order must be worth more than $80, and new customers must make a 50% deposit on the order’s value.

Businesses applying for this account must have an EIN and a DUNS number, along with a clean business history without any late payments or derogatory reporting. There’s a 17.99% APR for all past-due payments. The terms of the offer also state that only new accounts can qualify.

9. Creative Analytics

With Creative Analytics, you can get net 30 terms for digital marketing services, such as content strategy or site search engine optimization (SEO). The verification process takes 3 to 5 days.

You need an EIN and a DUNS number and must not have any derogatory business reporting or delinquencies. The application process requires you to be an authorized officer. Creative Analytics reports to Equifax Business and Creditsafe. There’s an annual fee of $79 for their Purchasing Charge Account, which allows you to buy physical products and limited digital services from their store.

10. JAM Industrial Supply

You can get net 30 terms from JAM Industrial Supply for purchases of a wide range of business products, from office cleaning supplies to health and safety equipment.

To apply, you’ll need to download and print out an application and send it back to the company for approval. The application asks for basic business information like its address and contact details as well as an EIN. You must also provide business credit references. There’s no annual fee for JAM Industrial Supply’s net 30 account.

11. Home Depot

Home Depot offers a net 30 account known as the Home Depot Commercial Account. This account allows businesses to make purchases and defer payment for 30 days, helping to manage cash flow and budget.

You’ll need to provide basic business and personal information, including your Social Security Number. A personal guarantee is recommended for new small businesses or those not meeting certain criteria, such as having fewer than 10 employees, operating as a sole proprietorship or partnership, being in business for less than three years, or if your business has less than $2 million in annual revenue.

12. Costco

The Costco Anywhere Visa Business Credit Card The Costco Anywhere Visa Business Credit Card allows businesses to make purchases at Costco and other merchants that accept Visa, with the option to pay right away or carry a balance over time. While this offers flexibility similar to a Net 30 account, it's important to note that this is a credit card, not a Net 30 account.

Unlike Net 30 accounts, which typically require full payment within 30 days, the Visa Business Credit Card offers revolving credit with monthly billing. The card reports to the business credit bureaus, so making timely payments can help build a positive credit history for your business.

How do you qualify for a net 30 account?

To qualify for net 30 accounts, your business must be fully established. Most vendors will ask for proof that your business has been operating for at least 30 days.

Vendors typically ask for the following information:

• Legal business name: Your business should be a legal entity, such as an LLC or S Corporation. If you operate as a sole proprietor, it’s still a good idea to register with your Secretary of State.‍
• Business contact information: Most vendors will ask for a business phone number, email address, and physical address‍
• Business bank account: A business bank account is a requirement for some vendors‍
• Employer Identification Number (EIN): Vendors will typically ask for your business’s Federal Tax ID number‍
• D-U-N-S number: A D-U-N-S number allows your payment history to be reported to Dun & Bradstreet. You can request one through their website.‍
• Business credit history: Not all vendors require a credit check, but those who do will want to see a history of on-time payments

Vendors may also require that you own a 25% share or higher in your business. Some may also specify a minimum purchase amount before offering credit, while others may need only an initial deposit.

Net 30 vs. net 15 payment terms

While net 30 terms allow you to pay invoices within 30 days, net 15 vendors offer a 15-day window. Both options have their advantages and considerations.

Opting for net 30 terms can provide your business with a more extended period to manage cash flow. This flexibility may be particularly valuable if your business experiences occasional delays in revenue collection or if you want to take advantage of longer payment cycles.

On the other hand, net 15 terms offer a shorter payment window, which can be an advantage if you have a consistent, reliable cash flow. This shorter cycle can help you reduce outstanding debts more quickly, potentially enhancing your business's financial health. Also, some vendors may offer early payment discounts for net 15 terms, allowing you to save money on your purchases.

How to choose the best net 30 accounts

Selecting the right net 30 account can help your business manage cash flow and build credit. With so many options available, it's essential to evaluate several factors before making a decision. Here’s a step-by-step guide to help you choose the best net 30 accounts for your business:

Assess your business needs

Consider what your business needs in terms of products and services. Some Net 30 accounts may specialize in certain industries, such as office supplies, technology, or inventory. Choose a vendor that aligns with your business's spending habits to ensure that the terms fit your specific requirements.

Check the credit limit

The credit limit determines how much credit is extended to your business. Higher credit limits offer more flexibility with purchases, but it’s important to ensure the net 30 account offers a credit limit that suits your company's needs and growth potential. Look for accounts that provide scalable credit lines.

Review reporting to credit bureaus

Make sure the net 30 account reports to business credit bureaus such as Dun & Bradstreet, Experian, and Equifax. This helps improve your credit profile as you make timely payments. Some vendors may report to only one or two bureaus, while others may report to all three, so confirm this with the vendor.

Consider the payment terms

Different net 30 accounts may have varying payment terms. Some vendors may allow for a longer grace period, such as net 60 or net 90, while others strictly adhere to a 30-day window. Ensure the payment terms fit your cash flow situation and take note of any fees for late payments.

Evaluate vendor reputation and customer service

Look for vendors with positive reviews and a proven track record of working with businesses in your industry. Good customer service is essential for smooth communication, especially if you have any issues or questions regarding your account. Always ensure the vendor provides reliable support.

Compare fees and additional costs

While many net 30 accounts are free of interest if you pay on time, some may charge annual fees or transaction fees. It’s important to understand the complete cost structure, including late payment penalties, membership fees, and any other hidden costs. Choose an account that is transparent about its fees.

Read the fine print

Before signing up for a net 30 account, thoroughly read the terms and conditions. Pay close attention to any clauses related to late fees, interest rates, and vendor-specific policies that could affect your business. Being fully informed will help you avoid surprises down the line.

Best practices for building business credit with net 30 accounts

Building good credit gives your business a competitive advantage, especially in the event of a potential economic downturn. By contrast, having a poor business credit history could cost your company money if you’re subject to higher interest rates.

If you establish vendor trade lines, it's important to use them responsibly. Here are some best practices for how to manage your net 30 accounts and build business credit:

Pay bills on time

Having net 30 accounts is just the first step in using them to build your credit profile. You'll also need to pay your invoices from those vendors on time—or early. Some companies offer terms that provide a discount of 5% or more off the bill for early payments.

Missed or late payments will decrease your creditworthiness, making it harder or more expensive to borrow money in the future. You may also owe late fees to vendors.

One way to make sure you always pay your invoices on time is to use an automated accounts payable platform, which can minimize the chance of bills falling through the cracks. Automating your bill payment can also free up your accounts payable team for more high-value tasks, such as transitioning clients to digital invoicing or improving processes to more efficiently manage your company’s finances.

Monitor your credit reports

It’s important to regularly check your business credit score for mistakes or signs of fraudulent activity. You can order your business credit reports directly from the three credit report bureaus for a fee.

If you’re an early-stage startup, your business credit may be tied to your personal credit, so you'll want to make sure you’re monitoring your personal credit report as well.

Use a corporate card

A corporate card can be a great tool for paying down your vendor accounts and building business credit. These cards make it easy to pay vendors with automated invoicing features. Corporate cards also may allow you to finance invoices on 30-, 60-, or 90-day terms. That means you can choose to pay your vendors now while you pay your corporate card balance later.

Corporate cards also report to the business credit agencies, so owning one will help you build your score. Unlike regular credit cards, corporate cards have no interest because they require full balance payments each month. Plus, your credit utilization rate on a charge card won't affect your credit score.

Control business spending

Budgeting effectively to keep costs down will reduce the amount of credit your business needs, in turn helping you avoid any debts that could wreck your credit score.

Two ways to reduce unnecessary spending include cutting back on zombie spend and maverick spend.

You can also take advantage of expense management software to help you track business expenses in real time and receive AI-powered suggestions about where you can cut costs.

Common mistakes to avoid with net 30 accounts

While Net 30 accounts offer flexibility and help build business credit, avoiding these common mistakes can help you maintain a strong financial standing and improve your credit history:

Net 30 accounts made simple with Ramp

Managing cash flow and building strong credit are critical for success, and net 30 accounts are an excellent tool for doing both. They provide your business with the ability to make purchases and pay later, all while building a solid credit history. However, to fully optimize your payment and credit strategies, it’s essential to explore options that offer even more flexibility and control over your financial operations.

Ramp’s corporate cards offer a seamless solution that complements traditional net 30 accounts. You gain access to powerful accounts payable features that automate invoice management, ensuring every bill is paid on time without the headache of manual processing.

Enjoy the freedom to pay vendors immediately and extend payment terms for greater control over your business finances with Ramp.