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| Topic : Credit risk mitigation |
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Posted in Community :
Credit Risk Management
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Activity:
14 views;
last activity : 07 06 2010 20:18:09 +0000
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1
Payment Terms
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My idea would be payment terms which is offered to customers should be clearly stated and fixed as standard accounting figures according to the amount of funding the business is prepared to offer its clients. Because that is exactly what credit terms to customers is, free cash funding in exchange for eventual sales income.
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