To help businesses adjust to the disruption in cash flow due to the impact of the pandemic, Priority Payment Systems and Priority Commercial Payments have teamed up with Behalf, Inc. to provide flexible cashflow solutions for small businesses. This new collaboration offers Priority’s business customers a better way to sustain business operations by financing business purchases at checkout with a choice of net terms or extended purchase financing. Companies choosing to pay with Behalf instead of cash, check, or credit card can customize their own payment schedule for each purchase.
Read More: Doxim Announces Omnichannel Loan Origination and Account Opening in Partnership with Mobetize
“We are constantly looking for ways to help our clients improve the way they manage their business operations, maintain business continuity and grow,” said Christina Wagner, SVP of Priority Commercial Payments. “Businesses are looking for flexibility and choice of payment terms when paying their suppliers. Cash flow is top of mind, and Behalf offers an elegant way to improve working capital for our 200,000 business clients across the Priority family of companies.”
Read More: GlobalFintechSeries Interview with Jill Homan, President at DeepTarget
“At Priority Payment Systems, we understand that our business clients need solutions for both taking and making payments,” said Anthony Bonventre, EVP of Priority Payment Systems. “Collaborating with Behalf and our sister company Priority Commercial Payments increases purchasing capacity and offers versatility for our clients who need to pivot quickly to meet customer demands.”
“Behalf was founded on the belief that access to capital is the critical ingredient to facilitate commerce between B2B buyers and sellers. Teaming up with Priority is an ideal way to help deliver the affordable payment processing and extended financing required by Priority’s business customers,” said Rob Rosenblatt, CEO of Behalf.
Read More: GlobalFintechSeries Interview with Clara Shih, CEO and Founder at Hearsay Systems
