As a furniture manufacturer, offering furniture credit to your customers is necessary. Retailers who want to sell your products will not always have the cash on hand to purchase inventory, so establishing credit terms can help all parties. Of course, this only works out when you make sound furniture credit decisions. If you fall into […]Continue reading "Top 5 Ways NOT to Make Dumb Furniture Credit Decisions"
This article originally appeared in Business Credit magazine, a publication of the National Association of Credit Management. Trade creditors should notice any United States Court of Appeals rules on the applicability of a business preference defense. The United States Court of Appeals for the Third Circuit is no exception, mainly because the United States Bankruptcy […]Continue reading "Payment Pressure Can Be Hazardous to Your Ordinary Course of Business Preference Defense"