Lowe's Commercial

Net 30 or Net 60 Terms

Lowe's is one of the largest home improvement retailers in the world with over 2,200 stores in the U.S. and Canada. The retail stores an e-commerce business offers building and home supplies for the DIY customer and professional contractors. Products such as tools, kitchen appliances, cabinets, hardware, countertops, paint and much more.

Requirements:

  • EIN Number
  • Business bank account
  • D&B Paydex Score of 80+
  • Business license (if applicable)
  • 3 years in business or may require a personal guarantor

Note - if your business is less than 3 years old we recommend you have at least 4-6 months of payment history established on your business credit reports.

Business Credit:

  • Receive a Net 60 Account
  • Reports to D&B, Experian Commercial and Equifax Business

To apply go to=> https://www.lowes.com/

Step 1 Select Lowes Credit Card Center

Step 2 Select Lowe's Pro Commercial Account

*Lowe's Commercial Account is issued by Synchrony Bank (SYNCB)

  • 1

    Remember - D&B Paydex Score

    At level 2 you must have an 80+ Paydex Score already established before applying. If not, go back to level 1 and establish 5+ accounts reporting.

  • 2

    Tip - Purchase Activity

    When you get a net 30 credit account it’s important to use that account regularly. If you only make one purchase it only shows one payment and no ongoing payment history.

  • 3

    Tip - Payment Activity

    Always pay your invoices on or ahead of the due date. Paying better than terms is ideal since this can improve your credit rating even more. An 80 Paydex score means you pay according to terms. In order to achieve a 90 score requires that you pay 20 days sooner than terms. For the top rating of 100 you have to pay 30 days sooner than terms.