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Say you saw a Quick Contact & Profile Page for Actrade Capital, Inc. in... ======================================================
Unsecured financing for the business-to-business community.
Throughout the history of U.S. commerce there have been only two forms of business-to-business payment options: Cash on Delivery (COD) or Open Account. For consumer transactions the revolution came through the advent of credit cards, which for the first time offered consumers a new alternative. However, in commercial transactions credit cards do not fit the bill. It was not until development of Actrade's Trade Acceptance Draft Program (TAD Program) that businesses finally gain the much needed Third Option.
Representing the most significant new development in commerce during the past century, this Third Option (Actrade's patented TAD Program) fills the gap between COD and open accounts. The acceptance of this new business solution can best be seen by looking at the uninterrupted growth since its introduction, with sales during the first half of fiscal 1999 alone reaching over $50 Million. In addition, of the record number of new Program participants enrolled each month, a growing number represents major US and multinational companies, including many in the Fortune 1000. Also, the size of a typical transaction has increased dramatically since its introduction. In combination, these factors surely point to the dawn of a new era in how commerce is transacted, thanks to Actrade’s Third Option.
Functioning like a pre-authorized debit draft, TADs serve as payment instrument in a commercial sale which, on their due date, are processed for payment like ordinary checks. The Program's flexibility allows it to be used with existing credit lines from banks or other traditional lending sources and, in most cases, will not require liens on a company's assets. Thus, the TAD Program serves as a powerful new tool allowing suppliers of goods and/or services to dramatically increase sales by offering flexible, extended credit terms while maintaining a controlled cash flow essential to maintain growth. It truly is the Third Option for businesses of every size.
Rainbow Pages, Inc. is a Media, Communication, Information, and Transaction company operating on the internet serving millions of people globally.
The company creates and manages technology and tools in order to make its own web services available to companies, business people, professionals, and consumers.
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