Founded in 1969, Commercial Billing Service is a nonrecourse accounts receivable billing and funding solution dedicated to wholesale and commercial receivables. It helps in trading accounts receivable invoices for cash. The company handles credit processing, customer billing, payment posting and collection functions for individuals and businesses. It offers liability elimination, credit purchase exposure, cash flow enhancement and reporting services. Commercial Billing Service additionally provides immediate funding, electronic data transmission and reconcilement solutions. The company serves more than 450 merchants with a customer base of over 100,000. It is one of the services provided Compass Bank, which is one of the leading banking franchises in the United States. Compass Bank operates more than 550 branches throughout Texas, Alabama, Arizona, Florida, Colorado and New Mexico.
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