Economic & Trade Risk Insights

If you’re running a business, there are many aspects of bookkeeping and accounting that you’ll learn over time. One term you might encounter is ‘trade creditor’. But what does it mean, and how will trade creditors impact your business?

As a small-and-medium-sized enterprise (SME) business owner in Hong Kong, securing additional financing at some point is likely inevitable. Whether to meet financial obligations, expand your operations, or capitalize on business opportunities, having access to the right funding is crucial.

Negotiating payment terms when offering trade credit to customers is hard to navigate. Learn about the different types of payment terms and how to negotiate.