Slide Show: CMP Channel 2007 Sourcing Study

Credit Card Use On The Rise

HOW SOLUTION PROVIDERS FINANCE PURCHASES
Broadline purchases  
Corporate Credit Card 40.5%
Financed Through Cash Flow 33.4%
Distributor Financing 26.3%
Specialty Purchases  
Financed Through Cash Flow 38.2%
Corporate Credit Card 36.4%
Distributor Financing 31.3%
Alternative Purchases  
Corporate Credit Card 55.3%
Financed Through Cash Flow 31.5%
Personal Credit Cards 22.1%

 

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More solution providers said they finance at least some of their purchases through corporate credit cards than any other financing means. Credit cards were most often cited among customers of alternative suppliers.


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