What Is the Cost of Trade Credit & Trade Credit Insurance?
Trade credit—a type of interest-free loan—is an important part of a successful B2B payments ecosystem. It’s important to both merchants and buyers, and offers benefits to both. As an “instant” form of credit (thanks to the delayed payment), it’s a popular option with buyers. Even better, many sellers incent early payment by offering a discount, such as a 2% off the total due. For […]