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Beyond Level 4
At times your businesses may need additional financing for your business. While these accounts are outstanding partners to work with, the creditors will not report to build your credit with the bureaus. The creditors will however, approve your business for a credit account based on your already established business credit.
Tradeline:
APPLE
Reports to:
NON-REPORTING
Terms
Description
NET 30 OR REVOLVING
To Qualify:
Net 30
– 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
– Financial Statement
– At least 2 years in business
– Has an existing 12 month spend with Apple of over $10,000.
– Minimum spend of $35,000 every year in order to keep the account active.
Revolving (CIT Lease Option)
– 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
– Established business credit history (10 or more reporting tradelines best)
– Minimum purchase of $4000
– At least 5 years in business
– If less than 5 years, a PG is required.
– If business credit history is not strong,a Personal Guarantee (PG) is required.
Apple Inc. is an American multinational technology company headquartered in Cupertino, California, that designs, develops, and sells consumer electronics, computer software, and online services.
To Apply:
OVER THE PHONE OR AT THE STORE
Phone Number:
(877) 384-3439
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