The Motley Fool® cites C2FO as a way to improve gross margin
11 June 2014 |
The Motley Fool, a multimedia financial-services company dedicated to building the world’s greatest investment community, has cited C2FO in a recent online article, “Is This the Time to Buy Costco?”
The article mentions C2FO’s overall supplier recommendation rate of 91% and Net Promoter Score of 60, while adding that the partnership will allow Costco Wholesale Corp. to improve its margins in the coming quarters.
In March 2014, C2FO announced it had signed an extension to its agreement with Costco allowing Costco suppliers to continue taking advantage of the dynamic early payment marketplace. With the extension, C2FO will continue to provide Costco suppliers with an additional working capital funding option at competitive rates while simultaneously lowering the cost of goods for Costco and its Members.
The agreement between C2FO and Costco began in June 2011 and has received high praise from Costco suppliers.