Extended Payment Terms | Think Tank
In our recent Think Tank survey completed by privately held business owners and leaders, nearly two-thirds of participants are impacted by extended payment terms. What if you could recalibrate your strategy to alleviate the stress of lengthened payment windows?
Explore our key findings in this report and gain insight into:
- Payment term trends companies like yours are experiencing
- Common risks to your business that accompany extended payment terms
- How the majority of companies are addressing the issue
- Five strategies you can use to mitigate the negative impact
Sixty-seven percent of survey takers are impacted by extended payment terms, and the most frequent way they respond to this issue is by not addressing it. Your bank advisor is here to help you tackle business challenges like this one.