ShareWhat is the need for supplier’s credit? Suppliers would ask for sight payment where as you want credit on the transaction. This way you can avail cheap LIBOR rate funds and your supplier would also not mind as he is getting funds at sight.Was this FAQ helpful to you? Related FAQs How is supplier credit different from Buyer’s Credit? What are the risks in Supplier’s credit? As an importer, how does supplier’s credit benefit me? Leave a Reply Click here to cancel reply. Name Email (will not be published) Website Comment