Level 1 Trade Vendors
Level 1 Trade vendors are vendors that provide business credit tradelines without previous business credit. Subsequently, business credit is provided based on the credibility of your business.
Tradeline:
BREX
Reports to:
D&B | EXPERIAN | EQUIFAX
Terms
To Qualify:
'-Entity in good standing with Secretary of State
-EIN number with IRS
-Business address- matching everywhere
-DUNS number
-No Personal Guarantee is required
-For companies of any size, no minimum balance. Comes with every Brex Cash account.
-The card is paid daily from money deposited on your Brex Cash account balance.
-No Fees
-Outstanding Rewards
Description
NET DAILY
Perfect for 1st Level Tradeline
*No Annual Fee
*No Finance Charges
*Report to All 3 Business Credit Bureaus
*Super Amazing Awards
Brex is rebuilding B2B financial products, starting with a corporate card for technology companies. They help startups of all sizes (from recently incorporated to later-stage companies) to instantly get a card that has 20x higher limits, completely automates expense management, kills receipt tracking and magically integrates with their accounting systems.
Special Instructions: They offer 2 types of business credit account- for Start-up businesses and E-commerce. They don’t offer balance transfers from other credit cards to Brex due to Non PG. They do balance transfers within Brex credit accounts only. They offer points that can be redeemed towards payment credit. Use Brex points to purchase hotels and flights through their internal travel portal or transfer Brex points towards air miles to some participating airlines as well. ***We have heard that recently BREX may be stopping current funding of small trade accounts for specific industries. Please advise us if this is your experience.