32 ms·

What are the credit terms that you extend to your customers?

• bobjordan 11y ago
  Generally, most favorable terms my company gives are 30% down and balance before shipment from China. Of course everything is negotiable and if I really want to do a job then we'll accept more risk.
  • caublestone 11y ago
    U.S. Manufactures have access to capital such that they extend net 30 terms. That impact on our working capital is tremendous and outweighs the percentage cost savings.
    • burnte 11y ago
      It's also much less risky to extend such terms to a customer in the same nation. It's harder for a Chinese factory to sue a recalcitrant customer in the US.
    • icelancer 11y ago
      My Chinese supplier extends net 90. But only because I've paid upfront so many times. It's not different over there, but you're not getting net 30 if you're an unknown person.