Summa Office Supplies was previously one of the top net 30 vendors for office supplies. While this option is no longer available, there are others out there.
We cover Summa Office Supplies’ previous offerings and viable alternatives to consider below.
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Former Summa Office Supplies Net 30 Offering
Summa Office Supplies is a company that sells office supplies, digital products, and cloud-based solutions.
They previously offered both tier 1 net 30 accounts and tier 2 net 30 accounts.
Their tier 1 net 30 account was the easiest to access and offered several benefits. This included no personal guarantee, a $2,000 credit limit, and reporting to Equifax Business. This is standard with tier 1 business credit vendors.
Their tier 2 net 30 account offered the same credit limit. However, they were stricter with eligibility and required a personal guarantee. For example, tier 2 credit accounts generally want a good credit score. A lack of a credit score isn’t a deal-breaker for tier 1 vendors.
They reported these transactions to Dun & Bradstreet instead of Equifax Small Business.
These additional perks define tier 2 business credit vendors.
The only downside to the Summa Office Supplies net 30 accounts was the annual fee. You had to pay $75 annually, which was also the minimum purchase amount required to use your account.
These were often overshadowed by the other benefits that came with a Summa Office Supplies account. It was reported that all members received free shipping, payment extensions, and credit references. If you had good payment history, you’d be able to boost your credit quickly.
Their decision to stop offering net 30 terms did remove one of the top office supplies net 30 vendors.
However, it certainly doesn’t leave you without alternatives.
Alternative Net 30 Accounts
If you want an office supply vendor account that offers net 30 terms, you won’t have to look far. Here are some of our top office products vendors that you should consider signing up for.
1. Staples Business Advantage Account
When you think about office supply stores, you probably think about Staples.
Staples is a staple in the office supply and office furniture space. But what you might not know about Staples is that they offer their own net 30 accounts as well.
The Staples net 30 account is more frequently referred to as the Staples Business Advantage Account.
The Staples Business Advantage Account offers a wide range of benefits, including:
- A free account with unlimited users for every small business
- Low prices and next-day delivery
- Expert customer service
- Industry-specific contracts
- Approval flows and spend visibility to maintain greater oversight of your cash flow
- eProcurement system integrations
- And more
Speaking to their net 30 accounts, there is no reported sign-up fee or purchase minimum. There’s also no reported annual fee, meaning that the entire process is very likely free. Their net 30 payment term conditions are quite desirable.
They’re known to report to D&B. There are currently no other credit bureaus being reported.
The only thing to keep in mind is that this account is only available to larger businesses. You must have 20 or more employees in your small business to access net 30 terms and vendor credit.
If you’re looking for an alternative for trade credit, you may want to consider Office Depot instead.
2. Crown Office Supplies
Crown Office Supplies is a standout net 30 vendor when you’re looking to build business credit with vendor tradelines.
While their inventory is in the name, they sell more than just office goods. You’ll find electronics and even school products thrown into the mix.
The first highlight of the Crown Office Supplies net 30 accounts is how they report. Rather than reporting to just one business credit bureau, they report to three. These credit bureaus include Equifax Business, Experian Business, and D&B.
Each small business can receive up to $1,500 in credit, and you have a minimum purchase threshold of $30. This is solid when it comes to net 30 payment terms.
They are also very easy to apply for. If you didn’t qualify for Staples, you might qualify here. They only require a business to meet the following to tap into net 30 terms.
- You must have been in business for at least 90 days.
- You must have an employee identification number, registered business, and DUNS number.
- You must have no poor credit history and good payment history so far.
The only potential downside is that there’s a $99 annual fee. But if you’re willing to overlook this, there’s a lot to gain from a Crown Office Supplies net 30 account.
3. Office Garner
The more you dig, the more vendors you’ll find that will satisfy your need for business credit and office supplies. Another solid option for office supply net 30 accounts is Office Garner.
As with Crown Office Supplies, Office Garner offers a host of supplies, marketing materials, and more that your business might need.
The biggest selling point for Office Garner net 30 accounts is the speed and ease of applying.
Office Garner will generally get back to you within 72 hours of applying. They also have an easy 5-step application page that you can work through quickly.
All you’re required to have is:
- An EIN
- A business that operates in the U.S.
- Clean payment history
- An authorized officer who can go through the application process
They have a processing fee, so you should anticipate this ahead of time. This is a bit less prominent when you’re researching their net 30 term pages.
Once you’re in, you’ll find that they have a low minimum purchase of $45. While they don’t state which credit bureaus they use for credit reporting, Creditsafe and Equifax Business often come up.
You can also reach out to them directly to learn more about credit agency reporting.
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