Watch Now: JBT's Andrew Rickard on Faster Credit Scores for Retailers

A strong JBT pay score influences how much credit you receive, the terms you're offered, and how vendors prioritize you.

In a recent webinar, JBT President Andrew Rickard introduced the new Priority Retailer program: a faster, more proactive way for retailers to establish a pay score. For the first time in 140+ years, you can share copies of your paid invoices. JBT verifies them with your vendors, putting you on the fast-track to a pay score and the opportunities that come along with it.

 

Pay Score Insights from JBT President Andrew Rickard

A JBT pay score is more than a measure of creditworthiness, it's a signal of trust and reliability. It can directly impact your company's success. That’s why JBT created the Priority Retailer program: to give retailers more control over how quickly their score is built and how they're represented in the industry.

"Vendors target based on the highest pay grades. If you're a 1 or a 2... you're an asset to the supplier base."

Retailers with strong pay scores don’t just get approved faster, they get sought out. 

"A higher score gets you more access, more goods, more services... it makes you more competitive."

The higher your pay score is, the more doors it opens. Broader access to vendors, better payment terms, and more flexible ordering options are crucial advantages in today's jewelry market.

Conclusion: Own Your Pay Score, Strengthen Your Retail Business

Retailers no longer have to wait years to build a credit profile. You can now take control of your credit journey and reach better terms, quality goods, and preferred service sooner.

Become a JBT retail member now, and let us know you’re interested in the Priority Retailer program. We’ll walk you through the next steps.

 

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