Frequently Asked Questions - FAQ's

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Where does Maverick Office Supplies report to?

Maverick Office Supplies reports, once a month the first week of every month to Cortera, CreditSafe, and Equifax. We are constantly working on brining more agencies on board to help with the credit building process.

What are the qualifications for a Net30 Account?

Businesses must be registered with the Secratary of State for a minimal of 90 days. Must have an active EIN number, must have phone number and address, and representative must own at least 25% equity in company.

What is Business Credit?

Business credit is a company’s ability to buy something now and pay for it later. By establishing a good business credit rating, you make it easier to borrow money when your company needs it.

What is a Net-30 account?

Net-30 accounts are accounts that extend you 30 days to pay the bill in full after you have purchased products. Net-30 accounts allow you to buy now and pay later. Vendors that report those payments to commercial credit agencies help your company establish strong business credit scores.

What is a Tradeline?

A business tradeline is a credit account between a business and vendor. Although they are not a business loan or line of credit like business credit cards, a business line of credit, or a small business loan, they are a very underrated form of business credit and a powerful tool for establishing and strengthening your business credit profile. Like other small business credit options, they include information from vendors who report to commercial credit reporting agencies. For example, a vendor account with Net-30, Net-60, or Net-90 terms. If that vendor reports you good credit history to a credit bureau, it creates a business tradeline.

Will this affect my personal credit?

No. We will not ask nor require your SSN. We ask only for business TAX-ID/EIN

What can my line of credit be used for?

Lines of credit can be used for everything included in the package you have chosen on the Tier 1 page. It can also be used to cover administrative fees or membership fees for our business building services.

How can I get started?

Simple! Just fill out a business application and create an account. Make a purchase of $80 or more to activate your Tradeline, and Pay your Invoice within 30 days. For best credit building tip, pay your invoice within 15 days.

Is there a membership fee?

We believe in helping small businesses grow, so at the time being we do not require a membership fee, it is free to sign up. We do review applications for credit however.