Reasons for using trade credit
| Reason | Percentage of total |
|---|---|
| Convenience | 31.43 |
| Lack of cash | 24.76 |
| No collateral required | 8.57 |
| Saving cash for other profitable purposes | 6.67 |
| Being able to inspect quality before paying | 5.71 |
| Time saving | 3.81 |
| Reason | Percentage of total |
|---|---|
| Convenience | 31.43 |
| Lack of cash | 24.76 |
| No collateral required | 8.57 |
| Saving cash for other profitable purposes | 6.67 |
| Being able to inspect quality before paying | 5.71 |
| Time saving | 3.81 |
Source: The authors’ survey
Sharing content requires targeting cookies to be enabled. Please update your cookie preferences to use this feature.