Bare Apparel reports all qualifying business purchases to all 3 major business credit reporting agencies (Dun and Bradstreet, Experian Business, and Equifax Business).
Establishing business credit is becoming more and more important and at the same time becoming harder and harder to establish and build, especially for small businesses.
Bare Apparel is an approved data furnisher to the 3 major business credit reporting agencies and reports monthly.
Order the amount you want reported (minimum order of $500), pay and submit the order as normal, and then fill out the credit application below. If approved your order will be processed and shipped. If your business does not qualify, you will be notified and the order canceled.
If we verify that you are a legitimate business (have an EIN and Business phone) you will be approved. If you do not have a DnB, Equifax Business, or Experian Business file, it will auto create it for you once we report.
After the first prepaid order you can order on NET 14 terms. At that point we will issue you a starter credit limit depending on your current business credit score. The credit limit will be reported along with your balance.
You can request a credit line increase after 3 orders, if all 3 previous orders have been paid on time. Your initial credit line will be equal to the amount of your first paid upfront purchase. We can accommodate most requests up to $20,000 USD. If you pay early we can report an early pay to the Business credit agencies which can raise your paydex score above 80.
A qualifying purchase is as follows:
The purchaser must be a business with an EIN #.
The purchase must be at least $500.00 USD per transaction.
If you are assigned a credit limit the terms are NET14. This means that the balance must be paid in full within 14 days of your invoice date. ***FIRST purchase must be paid in full before shipping.***
Bare Apparel reports both positive and negative transactions, so if you don't want anything negative on your business credit reports, please pay on time, no exceptions.
