MOHAWK HELPS RETAILERS GROW COMMERCIAL BUSINESS THROUGH TRADE CREDIT PARTNERSHIP

 

 

DALTON (August 31, 2011)— Mohawk retailers now have an opportunity to increase cash flow, reduce time-consuming paperwork, and build store loyalty when selling flooring to commercial contractors and builders. Mohawk has formed a partnership with BlueTarp Financial, Inc. (BlueTarp), a credit provider specializing in business-to-business credit management services for the building materials industry.

 

“We are very excited to extend BlueTarp’s services to our valued retailer partners,” said Susan Hahn, Director, New Business Development at Mohawk Flooring. “It’s a win-win for everyone involved. Mohawk retailers can focus on what’s most important—meeting the needs of customers and growing their business—and commercial contractors and builders have flexible payment terms and credit lines tailored to their needs.”

 

BlueTarp is a provider of enhanced financial services exclusively serving the building materials and supply industry. The company handles every aspect of a retailer’s trade credit program, including extending credit, invoicing, online payment, and collections. Currently, BlueTarp serves more than 2,500 retailers and 50,000 contractors nationwide, and has a reputation for delivering exceptional customer service.

 

“We are delighted to partner with Mohawk and help enhance the trade credit experience for Mohawk retailers and their customers,” said Lou Collins, Chief Executive Officer of BlueTarp Financial. “By utilizing BlueTarp’s services, retailers will be able to increase their monthly cash flow while offering more credit to contractors, and contractors will see their purchasing power increase as a direct result.”

 

Hahn says converting existing customers over to the BlueTarp program takes less than six weeks and BlueTarp oversees the entire process. To encourage retailers to take advantage of this trade credit opportunity, BlueTarp is offering Mohawk’s retailers a discounted enrollment fee that can result in savings of more than $1,000. To learn more about enrolling in the BlueTarp program, Mohawk retailers should contact BlueTarp by calling (888)321-6698 ext. 501 or emailing Mohawk@bluetarp.com.

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About Mohawk Industries, Inc.

Mohawk is a leading supplier of flooring for both residential and commercial applications. Mohawk offers a complete selection of carpet, hardwood, ceramic tile, laminate, stone, vinyl, rugs and other home and business products. These products are marketed under the premier brands in the industry, which include Mohawk, Karastan, Columbia, Century, Dal-Tile, American Olean, Quick-Step, Lees, Bigelow and Durkan. Mohawk's unique merchandising and marketing assist our customers in creating the consumer’s dream. Mohawk provides a premium level of service with its own trucking fleet and over 250 local distribution locations.

 

About BlueTarp Financial, Inc.

 

BlueTarp Financial, Inc., headquartered in Charlotte, NC, and with operations in Portland, ME, provides commercial trade credit services to more than 2,500 building material retailers and over 50,000 contractors across the United States. BlueTarp’s comprehensive credit management solutions are exclusively offered to retailers and their customers in the building supply industry.  The services offered by BlueTarp include credit underwriting, statement generation and collections, as well as an extensive set of online data access tools.  Utilizing BlueTarp’s services, building supply retailers and their contractors can manage their businesses more effectively with predictable cash flow and enriched data and payment tools.