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March/April 2012

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Mohawk Helps Retailers Grow Commercial Business Through Trade Credit Partnership

DALTON, Ga. — August 31, 2011 — Mohawk retailers now have an opportunity to increase cash flow, reduce time-consuming paperwork, and build store loyalty when selling flooring to commercial contractors and builders. Mohawk has formed a partnership with BlueTarp Financial, Inc. (BlueTarp), a credit provider specializing in business-to-business credit management services for the building materials industry.

"We are very excited to extend BlueTarp's services to our valued retailer partners," said Susan Hahn, Director, New Business Development at Mohawk Flooring. "It's a win-win for everyone involved. Mohawk retailers can focus on what's most important-meeting the needs of customers and growing their business-and commercial contractors and builders have flexible payment terms and credit lines tailored to their needs."

BlueTarp is a provider of enhanced financial services exclusively serving the building materials and supply industry. The company handles every aspect of a retailer's trade credit program, including extending credit, invoicing, online payment, and collections. Currently, BlueTarp serves more than 2,500 retailers and 50,000 contractors nationwide, and has a reputation for delivering exceptional customer service.

"We are delighted to partner with Mohawk and help enhance the trade credit experience for Mohawk retailers and their customers," said Lou Collins, Chief Executive Officer of BlueTarp Financial. "By utilizing BlueTarp's services, retailers will be able to increase their monthly cash flow while offering more credit to contractors, and contractors will see their purchasing power increase as a direct result."

Hahn says converting existing customers over to the BlueTarp program takes less than six weeks and BlueTarp oversees the entire process. To encourage retailers to take advantage of this trade credit opportunity, BlueTarp is offering Mohawk's retailers a discounted enrollment fee that can result in savings of more than $1,000.

Posted September 6, 2011

Source: Mohawk

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