Namynot is a unique vendor that offers a net 30 account for digital marketing services.
They report net 30 payments to credit bureaus like Dun & Bradstreet.
They also offer an extensive credit limit of $10,000.
For those who need digital marketing support, the Namynot net 30 account is a great credit-building resource.
Our Verdict on Namynot’s Net 30 Account
The Namynot net 30 account (30 days) stands out due to its rather unique nature.
Many net 30 accounts are designed for those who need products. Whether you’re approaching tier 1 business credit vendors or tier 2 business credit vendors, chances are you’re looking to buy specific items from these vendors.
Namynot stands out as a net 30 vendor because it offers digital marketing services. No matter what type of business you run, you’ll likely need these. This means you’ll be using your Namynot net 30 account often if you’re impressed with their services.
Namynot reports payments to one business credit bureau: Dun & Bradstreet (D&B).
It’s desirable to report to more than one business credit bureau. Additional reporting to Equifax Business or Experian Business is always nice. But if you are going to have your payment reported to credit bureaus, D&B is a must-have credit bureau.
They also offer a $10,000 trade credit limit. This is more than enough trade credit to get started. Additionally, the payment term of 30 days should be manageable. Keep your payment history in good shape by making payments on time.
They don’t state a minimum order threshold if they have one.
The few disadvantages worth mentioning far outweigh the pros. We believe the Namynot net 30 account is a top choice for those who need digital marketing services.
Namynot’s Net 30 Account Pros
Ample Digital Marketing Services
When you’re looking into net 30 accounts, you need to consider what you’ll spend money on.
Applying for a vendor account that you’ll barely use won’t be of much use to your credit.
Fortunately, Namynot has a lot to offer in terms of its wide range of digital marketing services, such as:
- Lead generation services
- Web design services
- Marketing strategy
- Social media management
- And more
It’s important that your net 30 account is getting plenty of use to support credit building. Namynot offers ample services to ensure you’re using your trade credit line.
No Added Fees, Personal Credit Check, or Personal Guarantee
A secret killer of net 30 accounts is all the hidden fees. It stands to reason that you’d pay a late fee for late payments. Of course, a threat to your payment history like a late payment or several that affect payment history should be incentive enough.
However, many vendor accounts also have application fees or annual fees.
This isn’t something that you have to worry about with the Namynot net 30 account.
Namynot doesn’t require an application fee to sign up for their net 30 account. They also don’t have an annual membership fee that you’ll need to pay to keep your account active. All you have to do is apply and begin using your vendor credit. No additional payment is required.
Even better, you’ll find that there’s no risk to your personal credit. Namynot is a unique vendor in more ways than one. You’ll find that their net 30 terms are quite supportive of small business owners.
When you apply for an account, there’s no personal credit check or guarantee. This offers some additional protections that will help you build business credit without having to sacrifice anything else in the process.
Perks like these make Namynot a net 30 vendor one you simply can’t lose with.
Namynot’s Net 30 Account Cons
It Can Be Rather Easy to Sign Up for the Wrong Services
It’s hard to find downsides to the Namynot net 30 account.
One issue we noticed early on is that it can be easy to apply for the wrong services.
An excellent example of this is their Business Bureau Reporter. This is a $60/month service that helps you build your business credit score by reporting your payment to the credit bureaus.
It’s great for those who need to continue using Namynot net 30 terms without using a ton of their credit limit.
If you’re new, it’s easy to sign up for this thinking you need to pay it to get reported to credit bureaus. Your small business doesn’t need to do that with this vendor.
If you receive a net 30 account, you only have to buy the services you need. There is no required monthly subscription fee to have your payment reported to credit bureaus.
Namynot’s Net 30 Approval Requirements
Namynot is very transparent about what they require as a net 30 vendor. According to them (in their exact words), every small business will need:
- Employer Identification Number (EIN)
- Dun & Bradstreet number
- The Authorized Officer of the organization should only apply
- The company must be established for at least 90 days
- The company must be registered with the respective state and in good standing
- Must have no negative payment experiences reported to business credit bureaus (good credit history of timely payment)
- Must have a completed professional website (and not a “Coming Soon” website)
- United States-based companies
You’ll need additional details like contact information to apply with this vendor.
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