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BlueTape launches Buy Now, Pay Later financing feature for builders

Wednesday 10 November 2021 14:11 CET | News

US-based fintech BlueTape has designed its BNPL feature to help contractors manage invoices and improve company cash flow.

BlueTape’s Buy Now, Pay Later feature is allowing construction professionals to buy building materials and pay back amounts due to suppliers over time.

BlueTape partners with building material suppliers to offer contractor and builder customers a range of payment options, including flexible financing. Contractors and builders can access 30-, 60-, or 90-day financing with BlueTape’s online process.

BlueTape said the company’s construction industry-specific underwriting offers financing options to ‘undeserved small- and medium-sized businesses that have limited opportunities to access financial resources.’


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Keywords: fintech, BNPL, product launch, instalment payments, ecommerce
Categories: Payments & Commerce
Companies:
Countries: United States
This article is part of category

Payments & Commerce