Case Study: J. Lorber boosts sales and customer satisfaction with Billd

J. Lorber gets paid upfront on day one with Billd

J. Lorber, a Philadelphia plumbing and heating distributor, faced the challenge of lost sales and unpleasant customer experiences when contractors needed extended payment terms. Extending credit in-house posed significant cash flow risk and administrative burdens. They partnered with the vendor Billd to provide a financing solution for their customers.

The solution from Billd involved paying J. Lorber upfront for customer orders, immediately eliminating credit risk and collection tasks. This allowed J. Lorber to boost sales to customers who previously exceeded credit limits, improving customer satisfaction and letting the company focus solely on being a supplier instead of a financing entity.