Our JJ Gold Net 30 Account Review: Build Business Credit and Increase Cash Flow

JJ Gold International is an online retailer that specializes in home and decor, jewelry, eyewear, apparel, gift baskets, and more.

While these items may not be as practical to a small business owner as ones from other vendors like Home Depot, HD Supply, CEO Creative, or Newegg Business, JJ Gold is still a great net 30 vendor for building business credit.

Our Honest JJ Gold Net 30 Review

Overall, we consider JJ Gold International an excellent choice for most small business owners looking to improve their credit history.

With 30 days to pay an invoice, minimal qualification criteria, and comprehensive business credit bureau reporting, this is one of today’s better net 30 vendors.

The only downsides are that the JJ Gold International product catalog is somewhat limited to around 1,000 items, the products aren’t always applicable to small business owners, and there’s an annual fee.

Also, you must make a $100 minimum purchase to be eligible for a net 30 account, and new buyers must pay 20% of the order upfront before getting the remaining 80% in net 30 terms.

But when you look at the big picture, JJ Gold International is a solid vendor that can help build your business credit profile.

By the way, if you want vendor credit for other types of products, here’s a list of net 30 electronic accounts and a list of net 30 clothing vendors.

JJ Gold Net 30 Account Pros

JJ Gold Reports to Two Major Business Credit Bureaus

Perhaps the biggest benefit of a net 30 account from JJ Gold International is that it reports to Dun & Bradstreet and Experian Business.

Although some other net 30 invoicing vendors report to all three major business credit reporting agencies, including Equifax Business, JJ Gold is still impressive.

Just like making each personal credit card payment on time helps strengthen your personal credit score, making timely payments with vendors like JJ Gold International and avoiding a late payment can improve your business credit profile while also boosting cash flow.

In turn, this can open the door for future business financing, such as a business credit card with favorable terms, low interest, and solid rewards, as well as business loan opportunities.

That way, you can ensure a steady cash flow stream to continually grow your business and facilitate smoother financial planning.

It’s an Easy Net 30 Account to Qualify For

Some vendors with net 30 payment terms have rigorous account eligibility requirements and aren’t realistic options for many small business owners.

And if you’re a new business with a limited credit history and just getting your bearings, it’s almost impossible to qualify for net 30 terms from these vendors.

Fortunately, this isn’t the case with JJ Gold International. While they have basic eligibility criteria, JJ Gold is one of the easier net 30 accounts to qualify for.

We’ll provide an overview of the exact net 30 requirements later in this article but know that JJ Gold International isn’t overly stringent about their requirements.

This means that this vendor should be a viable option for many business owners — even if you’re a new business and lack an extensive credit history.

If this is something that’s held you back with other vendors in the past, a JJ Gold net 30 account may be right up your alley.

JJ Gold Net 30 Account Cons

There’s a $99 Annual Fee

Probably the biggest drawback is that you must pay $99 each year to have a JJ Gold net 30 account. While it’s not uncommon for vendors to charge an annual fee for a trade credit line, $99 is higher than many.

One other catch is that you’re required to spend at least $100 on a purchase to be given 30 days to pay an invoice.

This is by no means a dealbreaker and is a minimum that many vendors require (a Quill net 30 account is another example), but it’s something to be aware of before applying for net 30 payment terms.

And if you’re a new buyer, you must pay 20% upfront and only get net 30 payment terms on the remaining 80%.

So, if for example, you had a $100 invoice, you would have a $20 upfront payment and would have 30 days to pay the remaining $80.

Once you make three payments on time or are a customer for six months, you’ll have access to the traditional payment model. But until then, a 20% upfront payment is required.

JJ Gold’s Net 30 Approval Requirements

As we mentioned before, JJ Gold International is fairly lax about its requirements.

To be eligible for a net 30 account payment term you must:

• Be located in the US
• Have been in business for a minimum of 30 days
• Have an EIN and DUNS number
• Have a clean business history
• Have a clean payment history with no record of late payments

As long as you meet these criteria and have basic financial stability, you should be eligible for net 30 terms. Just remember that you’re required to pay a $99 annual fee, you must make a $100 minimum order, and you only get net 30 terms on 80% of orders if you’re a new customer.

If you’re convinced that you want to make a purchase from JJ Gold and get started with their net 30 program, you can apply here.

Build Business Credit Quicker with FairFigure

A net 30 account like one from JJ Gold International is a proven way to build business credit. The only issue is that it takes time and multiple vendor accounts to have an impact.

One way to expedite building business credit is with FairFigure — the fastest-growing business credit builder platform.

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This can put you on the fast track to a stronger credit score to unlock additional business financing opportunities. Get the full details here.