Yes you can. First, be careful ! Next, research what types of credit new and existing customers are used to in your specific market. NEVER extend 100% open credit to any first time customer. Always require basic commercial information. Proof of valid Employer Indentification Number ( EIN ) , 1 verifiable bank reference, and they should be in business for at least one year ( you can be flexible here, but cautious ). If you decide to extend commercial credit do it gradually. A possible arrangement is 30% with their written purchase order, 40% on delivery, and 30% in 30 days. Carefully research protective terms and conditions to be made a part of your invoice before issuing any invoice that extends credit. Good credit extending practices will strengthen most commercial banking relationships. Charles Faber
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