Tag Archives: Tier

Check Out These Tier 4 Business Credit Vendors That Can Help Strengthen Your Business Credit Score

At Credit Suite, we talk about building business credit by working through the vendor credit tiers. These tiers are how we classify vendors based on their ease of credit approval. Tier 1 vendors are likely to extend net terms based on meeting some basic Fundability guidelines. Meanwhile, Tier 4 vendors are likely to require a … Continue reading Check Out These Tier 4 Business Credit Vendors That Can Help Strengthen Your Business Credit Score

How to Use Tier 3 Vendors to Build a Strong Business Credit Portfolio

Hitting the 5 year mark is a tremendous achievement when it comes to running a business. Especially considering that nearly half of all companies fail in their first 5 years, and about ⅔ fail in the first 10 years. Truly, your company has beaten the odds. Tier 3 Vendors are a Gateway to a Strong … Continue reading How to Use Tier 3 Vendors to Build a Strong Business Credit Portfolio

How to Use Tier 2 Business Credit Vendors to Survive Inflation

Tier 2 vendors can help you survive inflation. But how do you get them, and how can they help? First, you have to understand what they are. What’s Special About Tier 2? Tier 2 vendors are those vendors that you should qualify for accounts with after you have enough tier 1 vendors reporting. Honestly, these … Continue reading How to Use Tier 2 Business Credit Vendors to Survive Inflation

Tier 1 Business Credit – Dive Into the Truth

There are a lot of questions out there about the business credit tiers. A lot of business owners claim they have strong business credit and they never even considered the tiers.  There is a school of thought that they are not necessary and a waste of time. Tier 1 business credit gets a particularly bad … Continue reading Tier 1 Business Credit – Dive Into the Truth

How to Build an All Star Team of Tier 1 Business Credit Vendors to Kick Off Business Credit

Do you ever feel like trying to get credit for your business is like playing a game, but you don’t know the rules?  Imagine trying to play football but having no clue how the game works. From kick off, you would be doomed to lose. The same is true with business credit. If you don’t … Continue reading How to Build an All Star Team of Tier 1 Business Credit Vendors to Kick Off Business Credit