We all know that business credit is relatively difficult to get, and the typical companies that we use to depend
on;staples, office depot, sears; are harder to get than they were a couple months ago. Here at CreditRich.net we are continuously keeping abreast of what is going on in the business credit world and in come cases, some companies may reach out to us if they fit in our plan.
About a week ago a manager at Inter-tech sent me an email explaining what they have to offer. This company offers IT services but they also offer Net 30 account from $5k -$30k and they report the size of the account to DNB. You do not need a paydex but you do need a DUNS number and you need to be registered with DnB. This is a really good opportunity to get a relatively big tradeline which is definitely needed in the current business credit climate.
I checked their website today and it is currently going through maintenance but the Operations Manager assured me that they are good to go. I have tried them out with one of my clients and it worked out pretty well. After you are approved you have to make an initial purchase and then they will report it to you business credit file.
There website is http://www.itc123.com/
This is a MUST if you are in the process of building business credit.
Marc Augustine
Keep up the good work Marc. The only problem with this company is that it would be ideal for a start up Biz that’s already established with a physical location and fully operational. However, it wouldn’t be good for me yet because I am just starting out with my corp with no physical location (working from home). Thank you for the information.
What Tier is this company?
tier 1
Yes, I agree! This is great info. thank you so much for posting this Marc!!!!!. Staples (and most of the citibank cards) have changed their policy. 2 years ago, 19 year old My nephew was able to get a $750 store card after being incorporated for a week without any paydex, TL reporting and without a PG. Just an EIN. Just recently, my uncle (who has been in biz since 1998) applied for a Staples card and was denied because they said the new policy (with all citibank cards) is that you have to have a revue of 5 million dollars and be in business for 3 years. GO FIGURE! The days of the newbie biz getting starter cards is long gone. its a new day. Anywhoo, AL, if you’re working form home, your home address IS your physical location. Lots of businesses operate from the home.
RP
Buyers beware. ITC has tremendously bad customer service. They have screwed up the payments on my account and nothing is reporting because they cannot get their accounting straight. Also, they assume you are engaging them for a 12 month online backup agreement without signing any commitment. If you try to cancel the service they will charge you for the months unpaid.
thanx for the input
all input is encouraged