Business

6

Collection policy @Business

After selling your products, cash collection is determined by your cash collection policy (or payment terms). Select the “Collections” tab to adjust your collection policy to your preference. You may break receipt of cash in up to 10 installments beginning from the current round.

The more attractive your payment terms are to your customer, the more market share you gain. However, the more you defer payment your cash flow may suffer. You can also review the current payment terms of your suppliers for reference. The suppliers' payment terms may differ from round to round, so check them back often. If your suppliers give you more advantageous payment terms, you may pass it to your customers to gain market share or keep it to yourself to improve your cash flow.

Back to Intro