krediettermijn

Krediettermijn refers to the period of time a seller grants to a buyer for the payment of an invoice. This term is a crucial element of trade credit, allowing businesses to receive goods or services before making full payment. The length of the krediettermijn can vary significantly depending on industry norms, the relationship between the buyer and seller, and the buyer's creditworthiness.

Common krediettermijnen include 30 days (net 30), 60 days (net 60), or even 90 days (net 90) from the invoice date. Sometimes, a discount may be offered for early payment, such as "2/10 net 30," meaning a 2% discount is available if the invoice is paid within 10 days, otherwise the full amount is due within 30 days.

Managing the krediettermijn is important for both parties. For sellers, it impacts their cash flow, as they are extending credit. A well-defined krediettermijn helps in managing receivables and assessing financial risk. For buyers, a favorable krediettermijn can improve working capital management, allowing them to use the purchased goods or services to generate revenue before the payment is due.

The krediettermijn is typically stated on the invoice and in the sales agreement. Clear communication and adherence to the agreed-upon terms are essential to maintain good business relationships and avoid late payment penalties or disputes.