Grainger

Easy Approval Net 30 Account

Reports to D&B (Easy Approval)

Ultimate source for industrial supplies and safety products to help keep your business running. Grainger has a huge selection of over 1.5 million products from thousands of trusted suppliers.

Requirements:

  • EIN Number
  • Business bank account
  • Trade reference
  • Bank reference

Business Credit:

  • Receive a $1,000 Net 30 Account
  • Reports to Dun & Bradstreet
  • 1st order must be paid via credit card (2nd order choose net 30 terms)

Note: To get a line of credit you'll need to supply your company's EIN number which they'll verify or you can supply a copy of a business check or business license. Upon verifying one of the pieces of information an account rep will contact you usually within 30 minutes.

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

  • 1

    Remember - D&B Paydex Score

    It takes a minimum of 4 tradelines reporting to Dun & Bradstreet to establish a Paydex Score.

  • 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.