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Should I use Meta’s line of credit?

Edited

Short Answer: we don’t use Meta’s line of credit that they offer, but instead prefer to use a credit card for payments.

The main reason is that it essentially acts as a credit card without cash back, since it typically works on a net-30.

We’ve also seen many issue arise with using it. Where clients would send payments, but it wouldn’t arrive for 3-4 weeks and Meta would shut their ad account down while waiting on the payment.

Our recommendation is to use a credit card with 2-4% cash back and get your net-30 terms that way instead.

Two cards we like to use:

  1. Amex Business Gold (4% back on first $150k in ad spend per year)

  2. Business Spark Cash Plus (2% on everything with no limit)

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Line of Credit