Open-account, short-term (usually 30 to 90 days) deferred payment terms offered by a seller to a buyer as a standard trade practice or to encourage sales. In some trades, such as the jewelry business, the credit may extend to 180 days or even longer.

A specific type of trade credit where the payment is due in full 30 days after the item is purchased. Net 30 accounts are an excellent way for a new business to establish tradelines and payment history on their Factiiv Business Credit Reports.

We report directly to Factiiv, ensuring that your business credit activity is reflected accurately. You can monitor your business credit report at Factiiv Reports.

When you open a Net 30 account with us, we will report your business as a company that has been extended Net 30 terms.

This means:

-A Net 30 tradeline account will appear on your Factiiv business credit report.

-Your payment history, including on-time payments, will be documented and updated regularly.

-Reporting to Factiiv ensures that your credit activity is reflected in your business credit profile, helping you establish and grow a strong credit foundation.

By maintaining timely payments, you can positively impact your business credit score and demonstrate creditworthiness to potential lenders and suppliers.