Advance Auto Parts Net 30 Account
Advance Auto Parts offers Net 30 accounts for businesses, aiding cash flow with a 30-day payment window. It reports to Dun & Bradstreet, enhancing credit profiles with timely payments.
Overview:
Advance Auto Parts offers a Net 30 account designed primarily for businesses needing automotive parts and accessories regularly. This program can help small businesses manage their cash flow by allowing them to pay for their purchases within 30 days. The program is particularly valuable for automotive repair shops, fleet management companies, and other businesses in the automotive industry.
Qualifications:
- Business must be registered and operational.
- Must have a valid business address and contact information.
- EIN (Employer Identification Number) is required.
- Credit check may be conducted to determine eligibility.
Process Guidelines:
- Complete the business credit application, which is available online or at any store location.
- Provide necessary business documentation, including business license and EIN.
- Submit the application and await credit approval.
- Once approved, you can start purchasing on credit terms.
Reporting to Credit Bureaus:
- Reports to Dun & Bradstreet (D&B).
Cost:
- No explicit cost to set up the Net 30 account, but late payments may incur fees.
Program Features:
- Flexible payment terms to assist with cash flow.
- Access to a wide range of automotive parts and tools.