Alpharetta, GA and New York, September 22, 2020 — To help businesses adjust to the disruption in cash flow due to the impact of the pandemic, Priority Commerce Payment Systems and Priority Commerce Commercial Payments have teamed up with Behalf, Inc. to provide flexible cashflow solutions for small businesses. This new collaboration offers Priority Commerce’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.
“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 Commerce 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 Commerce family of companies.”
“At Priority Commerce Payment Systems, we understand that our business clients need solutions for both taking and making payments,” said Anthony Bonventre, EVP of Priority Commerce Payment Systems. “Collaborating with Behalf and our sister company Priority Commerce 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 Commerce is an ideal way to help deliver the affordable payment processing and extended financing required by Priority Commerce’s business customers,” said Rob Rosenblatt, CEO of Behalf.
About Behalf
Behalf is a FinTech that facilitates payments between B2B buyers and sellers, providing net terms and financing that are fast and convenient. By outsourcing their net terms and other financing programs to Behalf, B2B sellers realize increased average order sizes, insulate themselves from buyer risk, and receive increased average order sizes, insulate themselves from buyer risk, and receive payments faster. Buyers benefit from access to no-fee net terms or extended financing, enhanced buying power, and better control over cash flow. For more information, visit www.behalf.com
About Priority Commerce Commercial Payments
Priority Commerce Commercial Payments delivers industry leading solutions and services for integrating commercial accounts payable and a full suite of targeted supplier activation services. We work directly with organizations and in partnership with financial institutions, card networks and other marketplace partners. Priority Commerce unleashes potential value within the payments ecosystem by enabling buyers to benefit from discounts, rebates and incentives, and suppliers to benefit from cash acceleration. As part of Priority Commerce Technology Holdings, founded in 2005 and headquartered in Alpharetta, Georgia, Priority Commerce is one of the fastest growing payments companies in the U.S. For more information, visit https://prioritycommerce.com/solutions/payables/cpx/
About Priority Commerce Payment Systems
Priority Commerce Payments Systems provides a merchant-inspired platform to advance the goals of small and mid-sized businesses. Priority Commerce’s proprietary technology platforms for resellers and merchant clients provide a flexible and customizable set of business applications that help better manage critical business work functions and revenue performance using core payment processing as its leverage point. Also part of Priority Commerce Technology Holdings, Priority Commerce Payment Systems is headquartered in the heart of FinTech Country and is one of the fastest growing payments companies in the U.S. For more information, visit www.Priority Commerce CommercePaymentSystems.com
All financing services are offered by Behalf. Behalf and Priority Commerce Payment Systems are not affiliated entities and each is solely responsible for the provision of its respective products and services. ©Priority Commerce Payment Systems 2020. All rights reserved.
MEDIA CONTACTS:
For Priority Commerce Commercial Payments
Christina Wagner
[email protected]
706.888.6824
For Priority Commerce Payment Systems
Anthony Bonventre
[email protected]
516.345.5007
For Behalf
Tim Walsh
[email protected]
617.512.1641
