Is Net 60 the New Net 30?

What You Need to Know About Clients’ Push for Extended Credit Terms - IOFM is hearing that B2B customers are asking for, and often receiving, extended contract terms on new orders. Across several industries, typical Net 30 terms are being replaced with 60, 90 and even 120 day terms (some have even reported requests as long as 200 days).  It’s a way for a company with cash reserves, and/or highly efficient and effective AP and AR processes, to gain a competitive advantage with a customer.…