What is a common expectation of suppliers regarding payment?

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Suppliers typically aim to receive payment as quickly as possible to maintain cash flow and support their operational needs. Quick payments allow them to reinvest in their business, cover immediate expenses, and ensure they can continue providing goods and services. This expectation is driven by the need for liquidity, which is essential for the smooth functioning of any business.

While some suppliers may offer longer payment terms or accept partial or advance payments for certain transactions, the general trend in supplier expectations is to prioritize prompt payment to help stabilize their financials.

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