Credit risk management is an essential part of mitigating future risk. Learn more about risk management best practices and solutions with Euler Hermes.
Because of the many risks involved in the exporting business, it’s important to take strides to mitigate risk. Learn how to protect your business with Allianz Trade.
Payment schedule is an agreement between the buyer and the seller which defines when and how credit will be repaid. Read to learn more about payment schedules.
Once you have decided to extend credit, you need to establish credit terms. Credit terms refer to the specifications for invoice payment at a later date.
The pros and cons of extending credit to customers
By extending credit to customers, you are telling them that you trust them to pay their bills, and you are financially healthy with access to working capital.
