How would allowing customers ( with good credit) avoid payments and interest for up to four years, affect a businesses balance sheet?

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asked May 24, 2020 164k views

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Walter Lockhart · Answer 1 · 2020-05-30T06:03:41+0000

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It will undermine the portfolio. Increase the accounts receivable and it is a dangerous practice if the company does not use a collateral to secure the repayment of the credit.

How would allowing customers ( with good credit) avoid payments and interest for up to four years, affect a businesses balance sheet?

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