Companies dilate payment terms as a means of financing
- admin
- July 28, 2015
Companies have come to dilate increasingly late payments of goods and services purchased in order to finance the growth of the respective business globally.
Writing, July 20 (AP) – Businesses have come to dilate more and more time for payment of goods and services purchased in order to finance the growth of the respective business globally, completes a study released today.
According to the work of credit insurer Euler Hermes, a shareholder of Cosec, the chain of worldwide payments is “under increasing pressure due not only to increase the number of days that the undertakings to pay for goods and services purchased, but also the enormous challenges posed by the economic slowdown in emerging markets and the expansion in advanced economies. ”
“The data suggest that companies continue to depend on increased credit terms since, globally, does not have registered any reduction in the number of paydays,” said the insurer, which examined the period of time between the release of a product and the scheduled payment of the fine, called Medium Term Pay (PMP) and considered a “good indicator of the health of companies and the potential existence of financial difficulties along the distribution chain.”

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