Staples Business Credit
Something new is up with Staples Business Credit. They are underwritten by Citi still, as far as I can see but so does Office Depot. Ok, I am rambling, here is the situation. I applied for Office depot about 2 weeks ago with a 4 year old corp, 6 trades, 10k high tradeline, the works. You would look at this corp and simply love it. Office depot gave me a $2000 account. I think thats pretty good for office depot. I then went to staples and applied with the same corp like a week later. I got the “call, we need more info” screen with a reference number and a code 25. This is usual for me so I called in. They wanted a business license AND a PG. WTF?…lol…that’s strange….
A few months back I mentioned that staples was tightening up because I had a similar situation but come on now. Has anyone else have this experience?
I post these experiences so that we can all learn and get a feel for whats going on at different times. I also got some heads up on some changes on some cash accounts, but that will come later. I try my best to keep up to date with the changes in the business credit world.
Marc
November 25th, 2009 at 5:49 am
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I have learn a basic knowledge of business credit stuff.
thanks for sharing this kind of valuable Information keep it up. Great post.
November 25th, 2009 at 9:55 pm
glad that you like it! thanks.