TRADING
Invoices & credit
Understand what is due, what is approved and what still needs a finance decision.
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TRADE FINANCE
Clear terms.
A visible payment timeline.
Net 30 and Net 60 are approved facilities with a named creditor, a limit, an expiry and a defined payment clock.
AVAILABLE CREDIT
Approved limit
− Outstanding invoices− Reserved orders= Available to use
Credit is not granted automatically. No approved balance is assumed.Credit facilities
There is no approved credit facility to display. An application does not create borrowing capacity.
Credit applications
Finance review requiredNo credit application has been submitted.
Invoices
No issued invoices are recorded. Paid status follows actual reconciliation.