Companies that Offer Net 30 Terms
There are obvious benefits for a business to have the ability to buy products and services it needs on credit. It allows you to conserve cash flow and establish a trade reference that can be used on future credit applications. Depending on if and who the company reports to, it can also establish a trade line on your company’s business credit report.
What is net 30 terms?
When a company extends Net 30 terms you have the ability to purchase their products or services on credit with payment due in full in thirty days. For optimum business credit building results it’s best to pay 15 or even 20 days ahead of the due date so it reflects that your business pays sooner than terms.
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