August 31, 2014 6:31 AM ET

Diversified Financial Services

Company Overview of BlueTarp Financial, Inc.

Company Overview

BlueTarp Financial, Inc., a financial services company, provides commercial trade credit services for building material dealers in the United States. Its products and services include credit account options, online tools, back-office processing tools for billing and collection, transitioning customers to BlueTarp, and credit line increase program services for dealers; and credit lines and payment terms, online tools, invoice creator tools, customer services, and generous reward programs for customers. BlueTarp Financial, Inc. was formerly known as BlueTarp, Inc. and changed its name to BlueTarp Financial, Inc. in May 2005. The company founded in 1998 and is headquartered in Portland, Maine.

443 Congress Street

Sixth Floor

Portland, ME 04101

United States

Founded in 1998

Phone:

207-797-5900

Fax:

207-797-3883

Key Executives for BlueTarp Financial, Inc.

Chief Executive Officer and President
Chief Financial Officer
Age: 47
Chief Operating Officer
Vice President of Credit Risk Management
Vice President of Information Technology
Compensation as of Fiscal Year 2014.

BlueTarp Financial, Inc. Key Developments

Microsoft RMS POS Software Integrates to BlueTarp Financial

Microsoft’s Retail Management System (RMS) point of sale software was fully integrated with BlueTarp Financial which offers financial services to the building supply industry. Microsoft RMS is the best known retail and service point of sale system in the world with many more features and benefits than proprietary systems. BlueTarp Financial provides cash flow, increased sales and reduced risk and hassle for thousands of building supply dealers across the United States. The integration makes the fast and low cost solution for building material dealers to ring out the customer at their point of sale and instantly, electronically place the receivable with BlueTarp Financial. With Microsoft RMS installed on your computer and an Internet connection, your point of sale can instantly pass the customers charge transaction to BlueTarp to handle every aspect of the building material customer(s) trade credit—from credit extension to customer service to customer statements to payments or collections. There is no additional software to install, no hardware to purchase, no complicated manuals to read and no messy computer integration issues so a building material dealer can refocus their internal resources on what's most important: growing the business. Building material dealer customers can be setup with various account options, credit lines and payment terms.

BlueTarp Financial Partners with West Supply Company to Manage In-House Credit Program

BlueTarp Financial has entered into a partnership with West Supply Company of Upper Darby, Pa. Under this agreement, BlueTarp will manage all aspects of the fourth-generation family business's credit program, credit extension, customer service, billing and collections, providing West Supply with guaranteed cash flow, protection from credit risk and professional tools and services for their contractors. West is a part of the Philadelphia Reserve Supply and Progressive Affiliated Lumbermen buying groups. By choosing BlueTarp to manage their in-house credit program, West Supply can use the cash flow to invest in growth while avoiding the risks of delayed customer payments. Most importantly, West will be able to better meet the needs of their evolving professional customer base by giving them the same flexible credit they've always had plus loyalty rewards and online tools that simplify their business.

BlueTarp Financial Partners with Central Network Retail Group, LLC to Manage In-House Credit Programs

BlueTarp Financial announced it has entered into a new partnership with Central Network Retail Group, LLC. Under this agreement, BlueTarp will manage all aspects of the CNRG credit program -- credit extension, customer service, billing and collections -- providing each CNRG location with improved cash flow, protection from credit risk, and an enhanced credit program experience for their contractors.

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