Who are JBT’s members?

• JBT members include manufacturers, wholesalers and other suppliers of jewelry or related products. These suppliers are interested in assessing their accounts’ credit status before taking orders as well as monitoring their status while receivables are outstanding.
• Retailers can also join JBT to stay informed of their own credit rating and identify and evaluate their suppliers.
• In addition, other service oriented firms such as banks and insurance companies maintain membership for the access it gives them to our extensive database of historical and current information on over 70,000 businesses within the jewelry industry.

Why should I consider membership?

• You should seriously consider membership in the Jewelers Board of Trade if you buy or sell jewelry or related products and want to make better informed decisions about your business partners.

What does membership include and how much does it cost?

• Click on this link to learn just how little it costs to be a JBT member (because we are a membership organization) and to see all that membership includes: Services and Fees

How do I become a member?

• JBT requires certain information about your company and owners as well as an annual fee. Click on this link to learn how to apply for membership: Become a JBT Member.

What is a JBT listing, and how does it differ from membership?

• A JBT listing differs from membership in that it costs nothing and it indicates you are included in JBT’s database of businesses. Listed businesses are eligible for a JBT credit rating, based on a compilation of data supplied by you, the experience shared by our members, and supplemental sources. Over 70,000 businesses are currently listed with us, and our members can access information on any of these businesses. To initiate a listing on your business, click here for a listing form.
• Membership is dues-based and entitles you to access JBT’s vast database of relevant and useful financial information on listed businesses, along with a host of other services.

Are there any restrictions on JBT listings?

• Yes; there are instances where JBT may not list a company, for example, if sufficient information is not provided or available.

Is every business “on file”, in JBT’s database contained in JBT’s Reference Book/CD-Rom and online?

• No. There are limitations on our published database, for example, relating to physical security (those operating from a residence), seasoned businesses, and those not primarily engaged in the jewelry industry. A JBT member, however, will be able to access a credit report on these firms so long as we have assigned a JBT ID number in our database (see above “Are there restrictions on JBT listings"?)

Must a business be a JBT member to be listed?

• No, you do not need to be a JBT member in order to be listed.

Why should my business be listed with JBT?

• If you are buying or selling within the jewelry industry, you should become listed to let the industry know about you. A JBT listing puts you on the industry “map,” making other potential customers or suppliers aware that you are open for business. Click here to initiate a listing:   listing form . 

What can I do to impact my credit rating?

• The more complete and updated information you can supply us on your business, the better our ability to assign a full credit rating.

Does JBT make credit recommendations to its members?

• No, JBT does not make recommendations to members regarding a business’ credit situation. Our reports reflect information based on our data and investigation. It is entirely up to the discretion of members to set their credit policies in accordance with the level of risk and other factors particular to their own business.

What type of information should I provide to JBT?

• JBT asks that all listed businesses supply such information as: name of business, location(s), owner(s)’ names, background of owner(s), month/year business was started, financials, trade and bank references.
• JBT members are asked for the same information above, as well as trade payment experience from their accounts when requested by JBT. This information, collected and kept strictly confidential, is incorporated into credit reports to maintain the most complete and updated information available.
• All members are encouraged to participate in JBT’s Interchange program, which facilitates this flow of information electronically, and entitles participants to reduced prices on credit reports and other exclusive services.

Why should I use JBT's collection services over those offered by others?

• JBT is the only organization dedicated solely to providing credit reporting, collections and marketing services to the jewelry industry. Our certified staff of collectors is highly experienced in the industry and very effective. And the “passive” collection process using JBT stickers notice for payment in Free Demand is also very effective.
• As a member-sponsored organization, we are extremely cost efficient versus competing firms. At less than $1000 a year for membership and $10 or less for credit reports (in excess of the first 25 which are free annually with membership), JBT is considerably less expensive.

What can I do if an account is not listed in the Red Book,CD or online?

• If you are a member and find that an account is not listed with JBT, please contact us and we will develop a report based on our own investigation of that business for no more than the cost of a single credit report itself.