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Payment periods in the fashion and textile industry becoming increasingly longer! In the current economy, payment periods are being stretched out to the point where the average payment period in the Netherlands is currently 41 days (source: Graydon). For business owners like you, this means you must wait nearly one-and-a-half months for your money. After all, turnover is not really turnover until the invoice gets paid! The payment period in the fashion and textile industry is even longer. Has this also been your experience? Move the arrow across the payment period indicator and see what IFN can do for you!
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