Get a competitive edge through offering your clients extended payment terms
September 22, 2014
Business is ever increasingly becoming more competitive.
In a marketplace where product offerings are more and more commoditised, business should seek to differentiate where possible, and aim to seek new markets.
Try this on for Competitive Advantage: 120 days payment terms offered to your clients. A differentiating factor competitors will struggle to copy.
Through the use of cleverly packaged finance products your business could be offering extended payment terms to clients of up to 4 months, and on the flip side, remain Cash Flow positive and receive payment for the sale within 24 hours.