Our Quill Net 30 Review

If you’re a business owner looking for a net 30 account when purchasing office, shipping, and cleaning supplies, Quill is a vendor you’ll likely be interested in.

By establishing a positive payment history and avoiding late payments, you can get the supplies you need while simultaneously building your business credit score and boosting cash flow.

Our Honest Opinion of Quill’s Net 30 Account

Quill has an impressive track record and has been in operation since 1956.

Believe it or not, Quill has never had a physical store, as they initially began delivering products to customers, then shifted to a mail-order business in the 1970s, before eventually launching Quill.com in 1996.

While this vendor’s catalog isn’t as extensive as some other net 30 terms vendors such as Office Depot, OfficeMax, and Uline, it’s certainly respectable.

Again, office, shipping, and cleaning supplies are its focus, but Quill also carries electronics, office furniture, breakroom supplies, and more for a well-rounded catalog.

We also like that this vendor reports to two major business credit bureaus. And with reasonable eligibility requirements, this is one of the more realistic tier 1 business credit vendors for many small business owners.

You can learn more about the four business credit tiers in this article.

Quill’s Net 30 Account Pros

Quill Reports to Two Major Business Credit Bureaus

One of the main factors business owners should look at when deciding whether or not to apply for a net 30 account is who a vendor reports their payment history to.

The fact that Quill Net 30 reports to Dun & Bradstreet and Experian Business is a major selling point. While also reporting to Equifax Small Business would be ideal, reporting to two of the three major business credit bureaus is more than what many other net 30 account vendors offer. Just like reporting personal credit history to at least one major consumer credit reporting agency is instrumental in building personal credit, the same is true when building good credit in business.

As long as you maintain a positive payment history with this vendor, your business credit history should improve over time. In turn, it should be easier to qualify for other forms of business financing with agreeable payment terms.

For instance, you may be able to get a business credit card with a robust introductory offer, low interest, enticing rewards, and a high credit limit. That way you can unlock additional cash flow and keep expanding your business. But it all starts with business credit bureau reporting.

Quill Is Fairly Easy to Qualify For

Admittedly, applying for some vendor accounts with net 30 terms can be slightly intimidating for business owners — especially for those who are relatively new. Fortunately, a Quill Net 30 Account is one of the easier accounts to qualify for that offers 30 days to pay off vendor credit.

The process for applying for these payment terms is straightforward and only takes a few minutes. Here’s how it works in Quill’s own words.

“Select ‘Apply for Net 30 terms’ as the payment method at checkout. We’ll ask you to complete a form with your business details. Fill out every field for the quickest results.”

“Upon submission, you’ll receive an instant decision if you’re approved or not.”

That’s all there is to it. We like Quill because they cater to both established business owners, as well as new business owners and businesses of all sizes. Even if you’re just getting started, there’s a good chance you’ll qualify with this vendor for a net 30 payment term.

Also, note that if you’re not approved initially, you can purchase products from Quill with a credit card and be re-reviewed for an account after 90 days. As long as you always make a timely payment on each purchase, odds are you’ll qualify for a 30-day payment term later on.

Quill’s Net 30 Account Cons

There’s a $100 Minimum to Use Quill’s Net 30 Program

In terms of the negatives of getting an account from this vendor, there’s nothing overtly glaring. Overall, it’s an excellent choice for most small business owners seeking to boost cash flow and build business credit.

But if we had to choose one, it would be that a $100 minimum order is required during checkout to qualify for a vendor account. This means you have to have at least $100 worth of products in your online cart before having 30 days to pay your invoice.

Note that some other net 30 vendors require minimums of $100 or more. And some net 30 vendors, like Wise Business Plan, even go as high as $164. Check out our Wise Business Plans Net 30 review for more details.

However, many offer net 30 terms for considerably less at around just $50.

This is by no means a dealbreaker, but something business owners should be aware of when considering this vendor.

Quill’s Net 30 Approval Requirements

Compared to many other net 30 vendors, Quill is pretty relaxed with their requirements.

To qualify for a 30-day credit term, you’ll need the following:

A business name and address A business legal structure, such as a sole proprietorship, partnership, LLC, or corporation A tax ID or EIN

You’ll also need to provide Quill with the date your business was formed, how many employees you have, and what your estimated annual business income is.

Again, if you’re not approved for 30-day payment terms the first time around, Quill allows you to prove your trustworthiness by making payments with a credit card. Then after 90 days, you’ll have a chance to re-apply for 30 days trade credit.

Raise Your Business Credit Score By Up to 60% with FairFigure

Net 30 accounts are a proven way to build your business credit score. But they have their limitations, as it often takes 5 - 10 net 30 vendor accounts to gain any real momentum.

A great alternative is to use FairFigure, which offers a mix of business credit monitoring and the EIN-only FairFigure Capital Card to quickly improve your business credit history.

Businesses that use FairFigure are often able to improve their business credit score by as much as 60% within just three months, which can have a huge impact on unlocking other business financing opportunities.

Best of all, FairFigure doesn’t require a personal credit check or personal guarantee.

You can learn the full details here.