Once you have decided to extend credit, you need to establish credit terms. Credit terms refer to the specifications for invoice payment at a later date.
The pros and cons of extending credit to customers
By extending credit to customers, you are telling them that you trust them to pay their bills, and you are financially healthy with access to working capital.
One of France’s most dynamic companies in the temporary employment sector, Mistertemp’ Group, shares its success story of putting surety bonds to work.
