Anchor Credit

What Anchor Credit is

Anchor Credit gives trade supply distributors a web-based process for collecting contractor credit applications and making decisions on them. Distributors can set application fields, personal guarantee sections, file requirements, and branding, then share a unique link. Contractors can open that link on any device without creating an account or downloading an app. Anchor Credit emails the trade references listed by an applicant and adds their questionnaire responses to the application. Distributors can review application details in a dashboard, add internal notes, approve or deny applications, or request more information. The site says distributors receive instant notifications when an application arrives. The product is designed for HVAC, plumbing, electrical, and other trade supply distributors that extend credit to contractors. The maker says most distributors can configure a form and share a link within five minutes of signing up. A free trial is available, followed by monthly plans; pricing is on request. The company says data is encrypted in transit and at rest, with distributor data access restricted at the database level.

Who it suits

Anchor Credit is for HVAC, plumbing, electrical, and other trade distributors that extend credit to contractors. It suits teams that want to collect applications and review them in a shared dashboard.

Limits

There is no free plan. The free trial is followed by monthly plans, and pricing is available by contacting Anchor Credit.

Getting started

1. Visit the Anchor Credit website.
2. Sign up for the free trial.
3. Configure application fields, personal guarantee sections, file requirements, and branding.
4. Share the unique application link with contractors.
5. Contact Anchor Credit for monthly plan pricing.

Verdict

Anchor Credit brings application collection, trade reference responses, and credit decisions into one web workflow. A free trial is available, but teams must contact the company for pricing.