What Is Trade Credit?

Do you know trade credit is the single largest resource of capital utilized from business to business?

The Small Business Administration (SBA) says it is the single largest resource of small business lending in the United States today.

In this post I’m covering this effective resource of short-term funding that can benefit your company in lots of ways such as financing equipment, purchasing products/services with no cash upfront, conserving capital, and establishing business credit.

So what is trade credit?
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