Discounts for Paying Early

Credit ManagementNbr. 3/2006, March 2006

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Summary


A survey by the Better Payment Practice Group (BPPG) has found that a quarter of UK companies offer a prompt payment discount to their customers. The trend is higher among smaller companies than larger firms, with nearly two fifths of respondents with between 10 and 49 employees admitting that they offer a discount. Meanwhile, the BPPG has now added a new quiz to its Web site at www.payontime.co.uk, to help businesses identify gaps in their trade credit knowledge and to give advice on establishing good credit management practice.

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Discounts for Paying Early

A survey by the Better Payment Practice Group (BPPG) has found that a quarter of UK companies offer a prompt payment discoun...

See the full content of this document

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