Trade Credit: What It Is and Why You Should Pay Attention

Trade Credit:  What It Is and Why You Should Pay Attention - http://smallbiztrends.com Avatar Posted by roseanderson under Finance
From http://smallbiztrends.com 3813 days ago
Made Hot by: on May 15, 2009 3:49 pm
Just about every survey and data source says that trade credit is the second largest source of small business financing after banks. The question is: are you taking advantage of it?

Trade credit simply means that a vendor extends you credit terms, giving you extra time to pay or giving a discount for early payment.





Comments


Written by andrewserna
3808 days ago

I honestly did not have any idea about this only until I read this article.



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