Explanation
Vendor accounts are the backbone of a business credit file. Each reporting vendor adds a trade experience that contributes to PAYDEX® and other business scores.
Not every vendor reports — businesses building credit intentionally use 'starter vendors' known to report to D&B, Experian Business, and Equifax Business.
Examples
- •Office supply vendors (net-30 terms)
- •Industrial cleaning supply accounts
- •Print and packaging suppliers
- •Uniform and gear suppliers
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