Advanced Auto Parts

[GFT]

Anyone had experience with Advance Auto Parts ? From what I have been able to find on the web, they use Capital One (as Costco does) for commercial accounts.

[GFT]

I called the Advance Auto Parts commercial line (1-877-280-5965), the CSR set up my customer account, emailed me the credit application and indicated that I can email back to her or FAX it in. She told me that turn around was only a few hours.

 

I completed the application, with NO PG, emailed back to her.

 

A few moments ago she sent me an email indicating the application was APPROVED.

 

From CSR: "Your credit application have been processed and
your business is approved for $10,000. This line of credit is ready to be
use immediately at any of our local Advance store. "

 

Credit Line of $10K !

 

It was not Capital One, but AAP Financial Services, Inc.

Edited May 16, 2013 by GFT

[BRBiz]

I called the Advance Auto Parts commercial line (1-877-280-5965)[/size], the CSR set up my customer account, emailed me the credit application and indicated that I can email back to her or FAX it in. She told me that turn around was only a few hours.

 

I completed the application, with NO PG, emailed back to her.

 

A few moments ago she sent me an email indicating the application was APPROVED.

 

From CSR: "Your credit application have been processed and

your business is approved for $10,000. This line of credit is ready to be

use immediately at any of our local Advance store. "[/size]

 

Credit Line of $10K !

 

It was not Capital One, but AAP Financial Services, Inc.

So their own financial company?

[GFT]

Yes, it appears to be. I just confirmed it the a line of credit linked to your customer account which you access in the stores.

[BRBiz]

They appear to have a net and revolving account which one did you apply for?

[GFT]

They offer Monthly or Weekly billing, net 30 terms. I chose Monthly billing with Net 30 terms. No revolving offered on the application. I think the revolving may have been from HSBC/Capital (similar to Costco). I was not offered any accounts or applications from HSBC/Capital One, Citi or others; just AAP Financial Inc.

[BRBiz]

On their site it says monthly with either net 30 or revolving but you like you said maybe they didn't update it. It says they went to in house financing last September.

[GR8WhiTE]

you're on a roll GFT. Keep that momentum going!