Tag Archives: Vendors

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

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

The Surprise that Makes Recommended Vendors for Business Credit Different

When we talk about recommended vendors for business credit, there are several questions that pop up. First, what exactly do we mean by vendors? Then, what makes some vendors recommended for business credit, and others not?  After that, who are these recommended vendors and how do you find them?  Let’s find out. What Do We … Continue reading The Surprise that Makes Recommended Vendors for Business Credit Different

Establish and Maintain Rock-Solid Business Credit When You Have No Business Credit. Check Out 3 Well-Known Starter Vendors for Business Credit That Will Happily Extend Credit to New and Established Businesses

Building The Perfect Business Credit Portfolio with Starter Vendors for Business Credit A perfect business credit portfolio means working with starter vendors for business credit. Starting with vendor credit accounts is a proven way to start building business credit. But we don’t include vendors just because they report to the business credit reporting agencies. We … Continue reading Establish and Maintain Rock-Solid Business Credit When You Have No Business Credit. Check Out 3 Well-Known Starter Vendors for Business Credit That Will Happily Extend Credit to New and Established Businesses

Why You Need Vendors to Build Business Credit

Building business credit is not like building personal credit.  When building personal credit, you simply do the things you do every day and your credit score builds passively.  You do not have to do anything special to start or build personal credit. You can just open accounts, make purchases, pay them off, and your score … Continue reading Why You Need Vendors to Build Business Credit