Factors that affect business credit terms: - Deepstash

Factors that affect business credit terms:

  • The type of customer,
  • The size and financial strength of the buyer,
  • The supplier's operating cycle,
  • Seasonality,
  • Payment history,
  • Supplier's profit margin

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buzzedison

Business Strategist, Investing in Africa, Tech Evangelist.

Credit management is my biggest lesson for the past 24 months. I personally lost $6, 000 to a client in Malta because of a lack of good business credit management on my part. I don't want you to make the same mistake.

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