Please Help: banking
Posted Date : 29-Oct-2013 , 12:29:45 pm | Posted By shailja golash
can some one explain me suppliers credit and what is the diffrence between suppliers credit and buyers credit
Category : Banking | Answers : 1 | Comments : 0 | Hits : 225
Answers:
Answer By: shankygarg
SUPPLIERS CREDIT: - A financing arrangement under which an Exporter (supplier) extends credit to a foreign importer to finance his purchase.
BUYERS CREDIT: - Buyer's credit is short term credit availed to an Importer (buyer) from overseas lenders such as banks and other financial institution for goods they are importing.
BUYERS CREDIT: - Buyer's credit is short term credit availed to an Importer (buyer) from overseas lenders such as banks and other financial institution for goods they are importing.
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