Capital One Trade Credit will continue BlueTarp’s focus on customizable business-to-business credit management programs for enterprise-scale merchants and small- to medium-sized companies. Its programs allow for a purchase-to-payment process featuring a combination of credit decisioning, accounts receivable management tools, cash flow and risk protection, with options for collections and customer support. These programs will also provide additional servicing capabilities and broader financial offerings for Capital One’s co-brand and private-label credit card partnership clients.
“As Capital One Trade Credit, we are excited to be able to offer best-in-class B2B credit management capabilities to help our merchants grow their business,” Scott Simpson, managing vice president of Capital One Trade Credit, said. “Our rebrand to Capital One Trade Credit allows us to bring our credit management platform and services to a broader market, allowing Capital One to expand our business-to-business offerings to existing and future partners to provide them with a greater set of capabilities to address their growing needs.”