Postette: Extending Trade Credit Prudently

Contract Law Basics and Tips

Although most businesses would prefer to require advance payment in full, it is probably safe to say that extending trade credit is more common. Providing credit terms is often required to win the business, but prudent businesses first conduct a level of due diligence that is appropriate for the amount of money at risk. This post at has some practical tips for adopting a credit policy and conducting basic due diligence.

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