What is Commercial Billing Service (CBS)?
- Commercial Billing Service (CBS) is a non-recourse accounts receivable billing and funding service dedicated to wholesale and commercial receivables.
- CBS immediately funds your receivables and then bills your customers on an open item statement. CBS posts all payments and performs all credit and collection functions. This allows your staff to be dedicated to more profitable activities.
- CBS is non-recourse. You are protected against bad debt losses.