Finance Question HELP! (1 Viewer)

[sirable1]

I can't seem to do this question, hoping you guys would help.

The question is

Identify qualities that a supplier will require of a business before providing it with trade credit


If you guys have any idea, please post, thanks

 

[findx]

I can't seem to do this question, hoping you guys would help.

The question is

Identify qualities that a supplier will require of a business before providing it with trade credit


If you guys have any idea, please post, thanks

1. The business' financial position, whether it is making profits and therefore allow greater assurance that the supplier will be paid.
2. The history of the business, has it ever had poor relationships with the business
3. The integrity of the business

This is from just my thoughts. i havent done finance yet

 

[sirable1]

Thanks mate, it does certainly help a bit.

 

[seremify007]

This is one of those questions where there probably is a textbook or syllabus driven answer so be sure to check there.