Case Study: RE Supply improves cash flow and contractor growth with Billd

RE Supply extends payment terms to 120 days with Billd

RE Supply, a solar materials provider, faced industry-wide challenges in offering payment terms to contractors. Their slow, in-house credit application process risked customer relationships and created financial risk from late payments. To solve this, they partnered with the vendor Billd for its material financing service.

The solution from Billd involved taking over the entire credit and underwriting process, paying RE Supply upfront for materials and offering contractors extended terms. This resulted in an immense improvement in RE Supply's days sales outstanding (DSO) and enabled their contractor customers to confidently bid on and grow into larger commercial projects. Billd directly supported significant growth for both RE Supply and their contractors.