HOW MUCH DOES IT COST?
CORPORATE BILLING’s rates are based on average monthly billing totals.
WHAT REPORTS ARE AVAILABLE?
Your company will have 24-hour online access providing real-time reporting including daily funding, payment postings, collections, etc.
WHO PERFORMS CREDIT CHECKS ON NEW CUSTOMERS?
CORPORATE BILLING provides you with our credit application and processes the credit-worthiness of all new customers. Corporate Billing will assume the liability on any customer that is approved during the credit process.
IS THERE REPORTING AVAILABLE FOR MY CUSTOMERS?
CORPORATE BILLING will offer your customers online access, as well. This reporting will provide them real-time information on their accounts; including account balances, agings, and invoice image copies.
WHAT IS RECOURSE BILLING?
Recourse billing is a program designed for CB to purchase your accounts receivable. If your customer does not pay within 90 days from invoice date, you repurchase the invoice. Advance rates range from 85-95%. Industries are typically transportation, oil & gas, manufacturing, engineering, and industrial maintenance.
WHAT IS NON-RECOURSE BILLING?
Non-Recourse billing is a program designed for CB to purchase your accounts receivable. CB completes the credit work on your customer, if the customer does not pay the invoice, it is our liability, not yours. Industries are typically automotive and truck dealerships and repair shops.
WHAT IS cbCharge?
cbCharge is a program designed for general auto repair shops, diesel repair shops and fleet customers. cbCharge allows fleets to access a network of repair shops to charge their maintenance and repair work. cbCharge is an invoice charge account accepted at hundreds of repair shops nationwide. cbCharge is a preferred vendor of NAPA Truck Service Centers, Napa AutoCare centers and Napa AutoCare Collision.