Level 2 Trade Vendors

Level 2 Trade vendors that provide business credit tradelines to businesses who have established basic business credit tradelines.  We recommend that you have at least 3 tradelines reporting before you apply for Level 2 tradelines.

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Tradeline:

VALERO

To Apply: 

ONLINE OR OVER THE PHONE

Reports to:

D&B | EXPERIAN

Terms

NET 15

To Qualify:

Valero Fleet card (Net 15)
– Entity in good standing with Secretary of State
– EIN number with IRS
– Business address- matching everywhere.
– D & B number
– Business License- if applicable
– Business Bank account
– Business Phone Number Listed in 411
– Must have a good D&B paydex score of 80 or higher
– They will check the potential client’s D & B and Equifax reports.
– SSN is required for informational purposes. If concerned they will pull your personal credit please talk to their credit department before applying.
– At least 3-5 years of building commercial credit
– If not approved based on business credit history or been in business for less than 3 years, then a $500 deposit is needed or a Personal Gurantee(PG)
– Accepted at over 5,200 Valero fueling locations

Valero Fleet Plus (Net 15)
– Entity in good standing with Secretary of State
– EIN number with IRS
– Business address- matching everywhere.
– D & B number
– Business License- if applicable
– Business Bank account
– Business Phone Number Listed in 411
– Must have a good D&B paydex score of 80 or higher
– Must have a good Experian business credit score
– At least 3-5 years of building commercial credit
– If not approved based on business credit history or been in business for less than 3 years, then a $500 deposit is needed or a Personal Gurantee(PG)
– Acceptance at 95% of U.S. retail gas stations

Description

San Antonio-based Valero Energy Corporation is an international manufacturer and marketer of quality transportation fuels and petrochemical products.

This gas card (Tradeline) is underwritten by Wex (Wrights Express), one of the largest creditors for gas credit cards in the world.

Wex offers universal fleet cards, heavy truck cards, and universally accepted business fleet cards designed with features that support the small business, including a rewards program.

Special Instruction:
Please keep in mind, before applying for multiple accounts with WEX Fleet cards, please make sure to have enough time in between applying so that they don’t red flagged your account for fraud.

***Wex has been doing a hard pull on credit in underwriting the Wex Fleet Card before approval. We have not seen Wex, who underwrites this card do a hard pull on a business owners credit.

Phone Number:

(877) 882-5376