What Is a Credit Cycle?
The credit period is the period during which the seller gives credit to the customer. For example repayment 30 days after the invoice period. It is usually used with credit lines. Usually the longer the credit period, the larger the line
Credit period
Right!
- The credit period is the period during which the seller gives credit to the customer. For example repayment 30 days after the invoice period. It is usually used with credit lines. Usually the longer the credit period, the larger the line