Net 30 accounts are used by business entities to increase purchasing power, improve cash flow management, better relationships with suppliers, and potentially improve credit scores. With a Net 30 vendor account, the vendor allows you to checkout today with goods/services and defer payment for a later date, usually 30 days later. By deferring payment, businesses have more flexibility in managing their cash flow and can use the time to generate revenue or receive payment from customers before having to pay their vendors. Additionally, consistent and timely payments can help build trust and stronger relationships with vendors, which can lead to better pricing and terms in the future. Finally, making on-time payments on…