Grow NJ Tax Credits Bringing 200 New Tech Jobs to Lawrenceville, NJ

Flint Lane, left, CEO of BIlltrust, and Melissa Orsen, CEO of the NJ Economic Development Authority

LAWRENCEVILLE, NJ—Grow New Jersey tax credits have tipped the scales for another technology company weighing a relocation to the Garden State. This time, Billtrust, a payment cycle management software company, agreed to expand its operations and workforce in New Jersey in return for a ten-year, $12.9 million Grow New Jersey tax credit by the New Jersey Economic Development Authority Board.

Founded in 2001, Billtrust provides automated invoice-to-cash solutions for the business-to-business market via a proprietary, end-to-end cloud-based solution. The company will relocate its headquarters to a new 88,759-square-foot facility in Lawrenceville, NJ instead of in Warminster, PA. Billtrust, which is consolidating existing operations from two leased facilities, expects to create 200 new jobs in the State and retain 228 employees.