Page 13 - AVN Intimate Fall 2015

C.O.D. Capital Helps With C.O.D. Shipping
Mainstream financial institutions aren’t always willing to give credit
dor (non-recourse) once it is received back from the shipping company,
where credit is needed ... particularly in the adult marketplace. So what’s
therefore eliminating the second risk associated with C.O.D. shipments:
a business owner to do? C.O.D. Capital has evaluated this problem and
NSF (non-sufficient-funds) checks.
believes it has a solution: a check guaranty service to finance C.O.D.
Because of these major incentives, vendors are able to ship to custom-
shipments between vendors and retailers.
ers who are not eligible for house credit and in many instances do not
Now, C.O.D. Capital is reaching out to make the adult industry aware
have a credit card that will cover the amount of their order.
of its services. According to a company release, no adult industry vendor
From the retailer’s perspective, C.O.D. Capital allows the retailer to
or retailer will be turned down.
purchase merchandise from their vendor they might not ordinarily be
C.O.D. Capital is a check-hold finance company that guaranties
able to obtain. Based upon C.O.D. Capital’s underwriting of the retailer
C.O.D. shipments between retailers and vendors to reduce collections
and because of the check guaranty to the vendor, the retailer is able to
risk. Registering with C.O.D. Capital enables terms to be offered to 100
place orders with the vendor and have the vendor ship to the retailer on
percent of U.S. customers (buyers/retailers) at no risk or recourse to the
a C.O.D. basis.
vendors (wholesalers/manufacturers). C.O.D. Capital can supplement
Also for the benefit of the retailer, C.O.D. Capital does not deposit
a vendor’s terms to existing customers and offer terms to those that
the retailer’s check immediately once it’s received. C.O.D. can hold the
previously did not qualify.
check for 30 days or even 60 days from the date the merchandise was
The company’s check-hold financing program assists the vendor and
received, which allows the retailer time to sell merchandise before they
the retailer in several significant ways.
have to pay. In addition, C.O.D. Capital can structure payments into
From the perspective of vendors looking to ship orders, C.O.D.
smaller increments on large orders to make the payments more afford-
Capital facilitates their ability to ship orders to retailers they might not
able for the retailers. All the while, C.O.D. Capital will have already
be willing do business with if not for the check guaranty
paid the vendor upon the receipt of the checks, based upon
program. This incremental shipping (which translates
pre-determined funding arrangements.
to sales) is one of the major selling points to the vendor.
“The adult industry has been denied the financing
Once C.O.D. Capital approves an order to be shipped by
available to mainstream industries for too long,” said Tony
the vendor, the vendor is assured of receiving funds.
Albritton, regional sales director at C.O.D. Capital. “We’re
The program allows the vendor to eliminate the risks
an innovative company, so who better to offer our services
that are associated with sending packages and hoping to
to? And our rates are competitive.”
get paid upon delivery. First, C.O.D. Capital pre-autho-
For more information, visit CODCapital.com or call
rizes and guarantees the shipment to the retailer, which
Albritton at (214) 296-9503, or directly at (817) 317-6289, or
eliminates the problem of shipments being returned.
email him at tony.albritton@codcapital.com.
Second, C.O.D. Capital purchases the check from the ven-
FALL ‘15 | INTIMATE | 13