Business Credit

How to Finance a Canadian Business

Most commercial sales are done using trade credit. This means that the seller is expected to provide the buyer up to 60 days to pay an invoice. Most companies provide payment terms to their customers because clients demand it. You have little choice. Often, these provisions are inserted into contracts and you have to comply […]

How to Offer Early Payment Discounts – 2% / 10 Net 30

One of the problems of offering net-30 terms (or longer) to customers is that it can create cash flow problems. Many companies provide payment discounts to clients to improve their cash flow. In this article, we discuss how early payment discounts work and how to offer them to clients in an effective manner. We cover: […]

How to Offer Net-30 Payment Terms

Most commercial sales typically have payment terms that give clients 30 to 60 days to pay an invoice. Offering payment terms is a way of extending credit to your customers and must be done carefully to avoid problems. In this article, we cover: What are payment terms? Why do companies ask for terms? Financial risks […]