Click here to download the Index as a PDF Drop in Contractor Spend Slows Growth of Building Supply Index BlueTarp’s Building Supply Index is a quarterly measure of the economic health of the building supply industry. The Index is a weighted composite of proprietary BlueTarp spending and delinquency data as well as three macro-economic factors:… Read more »
By 2025, Millennials will make up 75% of the workforce. Many are moving into leadership positions as baby boomers are retiring. While they have gained a lot of wisdom from the success of previous generations, advancements in the digital landscape have given this group a clear advantage. Millennials are more fueled by innovation than older… Read more »
Nearly 100 Retail Stores Will Use BlueTarp’s Credit Program to Offer Solutions to B2B Customers PORTLAND, MAINE – August 22, 2019 – BlueTarp Financial recently announced its partnership with E.C. Barton & Company as the preferred commercial credit program for their 94 Bargain Outlet, Barton’s Surplus Warehouse, and Barton’s Home Improvement retail locations. Their business… Read more »
Today’s consumers have the ability to browse, make purchases and manage their accounts online. Business buyers have come to expect the same capabilities from their suppliers. In fact, according to a recent McKinsey survey, a lack of speed in interactions with their suppliers—an inevitable result of manual processes—is the number-one pain point for B2B buyers.… Read more »
As B2B companies do more business online, fraud prevention and detection are becoming more critical than ever. It may be that your business has recently begun offering online credit applications, or perhaps you have a well-established eCommerce site but aren’t prepared for the types of fraud that are prevalent in new markets you’re entering. Either… Read more »
Recently, BlueTarp partnered with a B2B retailer that was looking to gain an edge on its competition. Providing online applications with instant decisions proved to be a crucial step, leading to more and faster approvals, and ultimately boosting sales. Automating credit approvals leads to more and faster sales When BlueTarp started working with this B2B… Read more »
When a major B2B retailer partnered with BlueTarp, within months the company reduced days sales outstanding (DSO) by 33% and delinquencies by 46%. Now, the retailer has more money and time to devote to accelerating growth. Here’s a look at how they achieved it and how the current economic trends may create delinquency challenges for… Read more »
A national B2B retailer is partnering with BlueTarp for its customized credit management. In addition to improving its order-to-cash process, BlueTarp is helping the retailer accelerate their selling process, starting before a purchase or payment has even been made. Prescreening credit models that identify high-potential leads After only three months, they found that the newly… Read more »
Do you know who your buyers are? There’s a good chance that the majority of them belong to the Millennial generation. According to a recent analysis of census data by the Pew Research Center, Millennials already make up more than a third of the American workforce—and that proportion is only expected to increase in the… Read more »
The addition of BlueTarp will expand Capital One’s partnerships offerings and enhance service features for co-brand and private-label credit card clients Capital One announced today the entry into a definitive agreement to acquire BlueTarp Financial, a leading business-to-business trade credit financing company headquartered in Portland, Maine. BlueTarp delivers customized business-to-business credit management programs to merchants… Read more »