Global stocks, U.S. government bonds yields, oil prices, and all market indexes tumbled Thursday, extending losses as investors expect a steep drop in business activity and corporate earnings following the spread of the coronavirus in Europe and in North America….

What are the main reasons for selling on credit? Most suppliers allow their credit-worthy customers to defer payment for their purchase. Deferred payment terms exist to allow buyers to store, process, and sell the purchased items before having to pay…

              If your company trades goods and/or services on credit, you might often find yourself chasing unpaid invoices. While you might be successful in getting your money back a few times, sometimes you’ll have to ask a professional for help…

Large companies found guilty of abusing their buying power, failed to honor their commitment to pay their suppliers on time. The Chartered Institute of Credit Management, the body that hosts and administers the Prompt Payment Code (PPC), announced it would revamp…

The need for Deferred Payment Terms Most suppliers allow their credit-worthy customers to defer payment for their purchase. It is commonplace to extend 30-, 60- or even 120-day (in recent years) payment terms. Such terms often cover the full value…