Business Credit

How to Offer Early Payment Discounts – 2% / 10 Net 30

One of the problems of allowing clients to pay invoices in 30 to 60 days is that it can lead to cash flow problems. A small business can’t always afford to wait a month or two for a client payment. The business needs to get paid sooner in order pay for its own expenses. However, clients like the option […]

Should I Give My Customer Net 30 Day Payment Terms?

Most commercial sales to reputable companies are done using trade credit, usually on net 30 to net 60 day terms. In many cases, the client demands credit as a condition of doing business. Obviously, offering trade credit to the right clients can be a great way to grow your business. On the other hand, offering trade credit […]