What is an early payment discount? (Business Opportunities - Other Business Ads)

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What is an early payment discount?


An early payment discount is a reduction in the amount owed by a buyer to a seller if the payment is made before the due date. This discount is often offered as an incentive for prompt payment and is typically expressed as a percentage of the total amount due. For example, a supplier might offer a 2% discount on an invoice if the payment is made within 10 days instead of the usual 30 days. Early payment discounts can help improve cash flow for both buyers and sellers.


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Last Update : Feb 20, 2024 2:09 AM
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Item  Owner  : Mynd Fintech
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