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BlueTarp adds five Ace Hardware retailers

BlueTarp partnership with Ace offers dealers risk and fraud protection.

BY HBSDealer Staff

BlueTarp Financial, the Portland, Maine-based credit management company, said that it has added five new Ace Hardware locations under its existing partnership with Ace Hardware Corporation.

They join nearly 40 other Ace locations growing their B2B business with BlueTarp, the company said.

Under terms of the partnership, BlueTarp offers Ace retailers risk protection, upfront payments on every B2B sale, and online accounts receivable management dashboards to track purchase and payment activity for upselling opportunities. BlueTarp said this allows dealers to be more competitive by offering customers extended terms, larger lines of credit, a robust rewards program, and online account management tools.

“We’re proud to continue our partnership with a corporation that is so focused on B2B growth,” said Shawn Cunningham, president of BlueTarp. “We are able to offer Ace retailers a credit management program that gives them a competitive edge while protecting them from the kinds of risk and fraud that come with pro sales.”

Sean Curry of Curry Ace – with three locations in Massachusetts – said he is using BlueTarp to scale his back office as he plans to open more locations.

“We looked at our processes from receivables to payroll. It’s costly from the labor side of it. The big box stores like Lowe’s and Home Depot have outsourced their credit operations, why wouldn’t I?,” Curry said. “We knew, as we grew, we had to ask ourselves, ‘What’s going to scale and be the most cost-effective as we enter the next phase of our business?’”

 

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