Saturday, 11 June 2016

Do suppliers run a credit check?

 

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Hello fellow entrepreneurs,

I was wondering if suppliers where you buy merchandise from run a credit check on you?

As you know most companies have net 30 terms, automatic withdrawals and prepaid.

Net 30 was out of the question - it needs 3 references for current suppliers out of my category

So I chose automatic withdrawals from my checking and my application has been submitted.

I have #$%!@* up credit and quite anxious the application might be rejected.

Any tips or information?

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