Open Credit Terms dominate the Business-to-Business (B2B) marketplace. The simple reason: business customers expect it and free enterprise encourages it. Without open terms, business cash flows would be restricted, with the lost liquidity acting as a break on the velocity of commerce.
There are two types of credit risk that arise from selling on open cre…
Keep reading with a 7-day free trial
Subscribe to Your Virtual Credit Manager to keep reading this post and get 7 days of free access to the full post archives.