Corporate Billing LLC announced the launch of a new B2B Ecommerce Charge Account program called cbCharge designed for part sales on ecommerce websites and marketplaces.
Businesses typically buy on credit terms and receive an invoice along with a monthly statement instead of pre-paying on a credit card like consumers. cbCharge fills the void for B2B ecommerce by automating charge accounts for parts sold online.
Since 1995, Corporate Billing has been processing charge accounts for parts and service and understands B2B charge accounts. cbCharge was developed in response to industry demand from parts ecommerce websites and marketplaces looking for a way to automate charge accounts online.
cbCharge account has no hidden fees or interest charges for the buyer or seller. cbCharge will purchase each transaction less a low, one-time processing fee from the seller; there are no fees to the buyer. The seller can turn their online sales into cash with no credit risk. cbCharge will pay the seller within 24 hours on B2B Ecommerce website sales and will handle all billing, statements, credit and collection processes.
cbCharge offers flexible charge accounts, industry driven payment terms and higher credit limits for buyers. The buyer can purchase online today and receive a monthly statement for all purchases. cbCharge has no credit cards to manage and can be added as an additional payment option to any existing B2B website or marketplace.
cbCharge offers the buyer and seller online access to easily review all payments, statements and invoices. Our API offers instant credit checks and allows charges to be submitted real-time or daily.
Corporate Billing LLC began in 1995, with a straightforward concept of turning commercial parts and service accounts receivable into instant cash for clients. It was a simple idea that filled a void between traditional banking and equity financing. The company said its solution for providing businesses with timely cash, credit and collection management has proven popular. Clients include automotive dealers, heavy-duty truck dealers, parts distributors, salvage parts, trucking and more.
For more information on cbCharge Account Program, visit www.cbcharge.com.
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