What Are Net 30 Accounts?
Net 30 accounts, also known as vendor credit, trade credit, or supplier credit, are accounts that allow you to make business purchases, then invoice you to pay the bill in full within 30 days. Essentially, net 30 accounts allow you to buy now and pay later based on a 30-day term. Vendors then report your payments to business credit bureaus, which helps to build your business credit score as long as you make your payments on time.
Net 30 account providers can offer a variety of business products and services, including credit cards linked to your business account, office supplies and equipment, marketing services, financial tools, and more. However, it’s important to understand that approval requirements vary between each provider.
Why Choose a Net 30 Account With 5 Star Processing?
What makes us the easiest Net 30 provider around? First of all, with 5 Star Processing, you are purchasing something you will actually use. Our products are essential financial tools that directly help to build businesses. Other Net 30 accounts require large dollar purchases for a minimum of 3 months just to do your first reporting. Instead, we report your payment history on a monthly basis from the start.
With your monthly subscription to our Perks Portal, your payments automatically get reported to business credit bureaus, while you get the benefit of saving time and money with access to our resources that you are already hunting for. Subscribe with us today and let your business credit build itself.
What’s Included in the Perks Portal
Business Credit Tools
Business Funding Options
Financial E-courses
Sales & Marketing Products
Website Design Solutions
Business Product Discounts
Ask Us Anything
5 Star Processing does not have Net 30 credit card or secured card products. We offer a Net 30 Account for Financial Tools.
When you apply and get approved for a Net 30 Account with us, your monthly subscription payment will help you build your business credit. In addition, you will also have access to essential financial tools to assist you in increasing your reputation and improving your reviews, which may also affect your credit rating on some business scoring models.
At 5 Star Processing, we make it easy for you to get access to the products you need to boost your business. For as little as $9.99 a month, you can receive a Net 30 line of credit to financial tools that aid your business. Here’s how it works:
- Purchase Your 5-Star Processing Net 30 Account Subscription. We recommend the Black Diamond tier that includes an 8k reporting tradeline, Net 30 portal, review generation software, and access to our exclusive financial literacy e-learning course, 5-Star University.
- We invoice you for the product as a Net 30, meaning you have the option to pay it within 30 days.
- We report your payment history to credit bureaus, ultimately helping you to build your business credit score.
No, your Net 30 Account account with 5 Star Processing comes with zero additional or hidden fees.
5 Star Processing offers a rewards program for our members who refer their friends to sign up for our Net 30 Account for Financial Tools. As a token of our appreciation, we’ll reward you with $20 for each person you refer that becomes our customer. Click here to learn more.
