Trade Credit Express

Company: Recreational Vehicle Importer and Distributor

Challenge: Grow business with adoption of credit based sales

Solution: Trade Credit Express as a B2B payments accelerator

Recognizing the power of credit based sales, this company realized that in order to grow sales and profits they needed to move beyond their sole reliance on cash based sales. Credit based sales were the answer. They also recognized that most of their business clients were not using credit cards and were looking for free and flexible payment terms from the supplier. Trade Credit Express from FTRANS met this company's payment needs in three key areas:

• Trade Credit Express accelerated payments from buyer to seller in an average of 2 to 4 days, therefore strengthening this company's cash flow even when selling on credit.
• Trade Credit Express allowed them to offer credit without incurring the cost of running an in house credit office.
• Trade Credit Express eliminated bad debt risk.

Company: Printing Company

Challenge: Ease the burden of credit administration

Solution: Trade Credit Express for B2B credit administration

This printing company provides a wide variety of printing services to small-to-medium sized businesses as well as universities. In addition to printing, they provide creative design services for their customers for print and advertising collateral ranging from brochures to sporting event tickets. Desiring to keep their administrative costs at a minimum, while at the same time requiring professional credit administration for their diverse client base, this company turned to Trade Credit Express to run credit checks, monitor customer credit, match payments with invoices, and make collections for all of their accounts without increasing their staff. In addition, Trade Credit Express reduces their time spent depositing checks at the bank since Trade Credit Express performed this function electronically. This company realized that with Trade Credit Express, they were reducing their credit risk which ultimately made their business stronger.