Vendor Pay

Any vendor that has delivered their goods or services would like to be paid as quickly as possible. Most businesses, however, opt to wait as long as possible before paying those invoices. In an effort to resolve this situation, most vendors will offer a discount for prompt payment. Unfortunately, very few businesses take advantage of the discount offers provided by their vendors.

The VendorPay Program pays your chosen vendors just one day after their invoices are approved by you without using your capital. By taking advantage of the discounts offered by your vendors, this is done at no additional cost to you. Reimbursement to our VendorPay provider occurs on an agreed upon timetable.

Blackhawk Commercial Capital will work with you to define the vendors suitable for this program. Once your vendors opt-in to the program, our VendorPay provider will define a new payment term within your accounts payable roster for the vendors that elect to opt-in. Our provider then pays your vendors in one day at their approved discounted rate an you reimburse them on an agreed upon timetable. This program can be implemented in days and requires no additional human resources.