What are Net 30? Net days is a term used in payments to represent when the payment is due, in contrast to the date that the goods/services were delivered. So, when you see “net 30” on an invoice, it means that the client can pay up to 30 calendar days (not business days) after they have been billed.
When applying for trade accounts make sure you use your correct business information as it matches on all of your business records.
Building business credit is an art that requires finesse and precision. Unfortunately, you can't rush the process of building business credit if you want to maximize your results and achieve business credit in the high five and six figures. Saying this to say, you don't need to spend years to build business credit. in fact, you can start establishing trade lines and obtain business credit cards in as little as a couple months if not sooner depending on your eligibility. However, your ultimate aim should be to be able to achieve this without a personal guarantee. This is where the time comes in, but don't waste your time sweating the small stuff- you're in good hands with us.