Contractors buying materials from home improvement retailers must keep job sites supplied while maintaining enough working capital for payroll, equipment, subcontractors, and other expenses. Lowe's MyLowe's Pro Rewards and Home Depot's Pro Xtra provide loyalty benefits, purchasing controls, account management tools, and access to business credit products. For contractors who also sell products or services to other companies, these programs illustrate why buyers value convenience and flexible purchasing options. Suppliers can apply similar principles by offering approved customers B2B net terms without managing every credit, invoicing, and collection task internally.
Lowe's updated its former MVPs Pro Rewards program and launched MyLowe's Pro Rewards nationwide in February 2025. The free loyalty program is designed for contractors, property professionals, tradespeople, and other business customers.
MyLowe's Pro Rewards should not be confused with a credit account. A business can join the loyalty program without applying for a Lowe's credit product. Credit approval, account limits, financing terms, and payment requirements are governed separately by the relevant card or commercial account agreement.
The program provides a points-based structure and a collection of purchasing tools intended to help business customers manage frequent transactions.
Core features include:
Lowe states that points earned during each half of the calendar year expire at the end of that same earning period. Contractors should therefore review their account regularly and redeem available rewards before the applicable expiration date.
The program is designed for professionals who make recurring purchases for jobs, properties, or business operations. Potential users include:
The greatest value generally comes from linking qualifying purchases to one business account. Centralized purchasing makes it easier to monitor spending, retrieve receipts, review employee activity, and organize transactions for bookkeeping.
Businesses can register for MyLowe's Pro Rewards online or through a Lowe's Pro Desk. Enrollment generally requires contact and business information, but joining the rewards program does not automatically provide business credit.
Members can manage their accounts through:
Account owners should confirm that employees use the correct business profile when making purchases. Transactions completed under a personal account or without the appropriate member identification may not receive the intended business rewards.
Purchase authorization tools can help contractors delegate buying without giving every employee unrestricted access to the company account. Depending on the selected account setup, an owner or administrator may be able to:
These controls are particularly useful for contractors managing several crews or job sites.
Lowe's offers business credit products that may provide purchasing benefits, account reporting, and payment options. These products are separate from MyLowe's Pro Rewards and require an application and credit approval.
Available products may include a revolving business credit card and commercial account options. Features vary by product and may include:
Contractors should review the current cardholder or commercial account agreement before applying. Interest, payment schedules, account limits, late-payment terms, and promotional offers can change and may differ between products.
A loyalty membership does not guarantee approval for credit. Approval and account conditions depend on the issuer's underwriting criteria and the information provided in the application.
A retailer credit card and a supplier's net terms program solve related but different problems.
A revolving credit account allows approved buyers to make purchases and repay the card issuer under the account agreement. Net terms allow an approved business buyer to receive an invoice and pay the seller by an agreed due date, such as Net 30 or Net 60.
For suppliers, extending terms directly can create a working capital gap. The seller may need to purchase inventory, pay employees, and fund operations while waiting for customers to pay. Careful business credit checks help determine which buyers should receive terms and how much credit exposure is appropriate.
Home Depot introduced an expanded three-tier Pro Xtra structure in 2023. The program is designed for professional contractors and builders and provides benefits that develop as members record qualifying purchases and engage with the program.
Pro Xtra may provide access to:
Home Depot's Text2Confirm feature can allow an authorized employee to request approval for a purchase. The account owner receives a message and can approve or reject the transaction, helping the business maintain purchasing oversight.
Pro Xtra uses Member, Elite, and VIP tiers. Benefits depend on qualifying activity and current program rules. Because tier requirements and included benefits may change, contractors should use the Pro Xtra dashboard or consult the retailer directly rather than relying on older third-party summaries.
Both programs are intended to increase convenience and loyalty among professional customers. The better fit depends on where a contractor operates, what materials the business purchases, which digital tools it uses, and which stores can reliably fulfill its orders.
MyLowe's Pro Rewards may suit contractors who value:
Lowe's has continued expanding its Pro experience with digital quoting, extended product access, and business-management capabilities. Contractors should evaluate actual product availability and fulfillment performance in the markets where they operate.
Pro Xtra may suit contractors who value:
Neither retailer is automatically the right choice for every contractor. Inventory, delivery capacity, store service, project location, brand preferences, and account-management needs often matter more than a single loyalty benefit.
Contractors comparing the programs should consider:
A contractor may maintain accounts with both retailers when doing so improves product access and operational flexibility. However, purchases should be consolidated when possible so the business can simplify reconciliation and make effective use of each program.
Retail Pro accounts help contractors organize purchases, but manufacturers, wholesalers, and distributors face the reverse side of the transaction. Their customers may want time to pay, while the supplier needs cash sooner.
When a supplier offers Net 30, Net 60, or another approved payment schedule, the invoice remains in accounts receivable until payment arrives. This can affect the seller's ability to replenish inventory, take larger orders, pay employees, or invest in growth.
The Federal Reserve's payment research reflects the continued shift toward digital business payment processes. However, digitizing a payment method alone does not address underwriting, credit limits, reminders, disputes, or collection workflows.
A complete terms program requires the seller to manage:
Resolve Pay brings these functions together through accounts receivable automation.
Suppliers serving contractors often process a high number of repeat orders across telephone sales, field representatives, ecommerce stores, and purchase orders. A fragmented credit process can slow approval and create inconsistent customer experiences.
Resolve Pay can support the credit-to-cash workflow by helping sellers:
Its B2B payments platform centralizes these processes while allowing the seller to maintain a branded buyer experience.
Resolve Pay also supports financial system integrations with platforms used across ecommerce, ERP, and accounting workflows. Available integrations and implementation requirements depend on the seller's technology stack.
Payment flexibility can strengthen commercial relationships when it is supported by consistent credit policies. Buyers gain time to complete projects, install materials, or collect from their own customers. Sellers gain a structured process for determining eligibility and managing receivables.
Resolve Pay's white-labeled workflows allow the supplier to remain the primary customer-facing brand. Buyers can apply for terms, review invoices, and submit payments through a professional payment experience connected to the seller.
Manual credit reviews can require trade references, financial documents, bureau data, and staff analysis. Resolve Pay combines data-driven underwriting with credit expertise to make decisions more efficiently.
Resolve Pay's credit process can use business information, payment behavior, financial signals, and other relevant data to assess an applicant. Some eligible transactions may receive rapid decisions, while other applicants may require additional verification.
Approval is not guaranteed. Credit lines, terms, and advance amounts remain subject to Resolve Pay's review and buyer verification.
Resolve Pay offers non-recourse advances on approved invoices. Under this structure, the seller can receive an advance while the approved buyer pays according to the agreed terms. For eligible invoices, the seller does not have to repay the advance solely because the approved buyer fails to pay, subject to the applicable program conditions.
This differs from recourse arrangements that may require the seller to repurchase or replace an unpaid invoice. Suppliers reviewing their options can learn more about Resolve Pay as a modern factoring alternative.
Resolve Pay is built for B2B manufacturers, distributors, wholesalers, and merchants that want to offer payment flexibility without operating an entire credit and collections department internally.
The platform combines:
For eligible approved invoices, sellers may receive an advance within approximately one business day while the buyer retains the approved payment period. Advance amounts and buyer credit limits depend on verification, underwriting, and program terms.
Resolve Pay therefore extends the convenience demonstrated by retailer Pro programs into the supplier-customer relationship. Contractors gain buying power, while suppliers can accelerate cash flow and reduce the administrative burden associated with managing terms.
Lowe's MyLowe's Pro Rewards and Home Depot Pro Xtra can help contractors organize purchases, track employee activity, access business services, and receive loyalty benefits. Their value depends on local inventory, fulfillment performance, project needs, account controls, and current program terms.
For manufacturers and distributors selling to contractors, the larger lesson is that purchasing flexibility can support stronger customer relationships. Resolve Pay helps sellers put that principle into practice through net terms management, credit underwriting, non-recourse advances, accounts receivable automation, payment processing, and collections support. This gives approved buyers more time to pay while helping suppliers protect working capital and focus on growth.
Yes. MyLowe's Pro Rewards is a loyalty program, and Lowe's states that membership does not require a Lowe's credit card. Business credit products require a separate application and approval.
Yes. Lowe's currently uses semiannual earning and expiration periods. Members should check the dates displayed in their account because program rules may change.
Both Lowe's and Home Depot provide tools that can support authorized employee purchases. Account owners should configure users, approval rules, spending controls, and payment access according to their internal purchasing policies.
A supplier can use Resolve Pay to evaluate buyers, approve eligible terms, and request an advance on approved invoices. The buyer pays through the agreed workflow while Resolve Pay supports invoicing, reminders, payment processing, and collections.
Resolve Pay provides non-recourse advances for approved invoices, subject to verification and program requirements. Buyer approval, credit limits, invoice eligibility, advance amounts, and other conditions are determined through underwriting.
This post is to be used for informational purposes only and does not constitute formal legal, business, or tax advice. Each person should consult his or her own attorney, business advisor, or tax advisor with respect to matters referenced in this post. Resolve assumes no liability for actions taken in reliance upon the information contained herein.