Please Help: banking
Posted Date : 29-Oct-2013 , 12:29:45 pm | Posted By: Shailja Golash
Category :
Banking | Answers :
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can some one explain me suppliers credit and what is the diffrence between suppliers credit and buyers credit |
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Answers:
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 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.
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