Rate Alert! Rate Alerts Glossary Glossary Help Help
 
  Bankate.com
 
News and Advice Compare Rates Calculators
 
 
- advertisement -
 

Capital sources: Supplier credit

Small Business BasicsYou may already be using suppliers credit without knowing it. When a supplier ships goods to you and bills you, they generally give you 30 days to pay. That's really a short-term, interest-free loan. By the same principle, some suppliers will extend long-term credit on machinery and equipment, requiring a down payment and installments. Some companies will even lease the equipment over a period. Instead of buying outright, you pay a monthly "rent" and the leasing company retains the title to the goods.

- advertisement -

 

 

BACK: Business incubators NEXT: Small Business Administration
 
top of page
 
 
- advertisement -




About Bankrate | Privacy Policy/Your California Privacy Rights | Online Media Kit | Partnerships | Investor Relations | Press Room | Contact Us | Sitemap
NYSE: RATE | RSS Feeds |

* Mortgage rate may include points. See rate tables for details. Click here.
* To see the definition of overnight averages click here.

Bankrate.com ®, Copyright © 2012 Bankrate, Inc., All Rights Reserved, Terms of Use.