. However, theory does not tell us a lot about the economic rationale for relationship lending in the context of multiple bank …

We study 52 million trade credit contracts, issued by 51 suppliers over 9 years to about 199,000 unique customers. The … analysis contradicts the conventional view that trade credit is an inferior source of funding. Specifically, while we replicate … rather than smaller trade credit usage. In fact, customers' financial conditions are unrelated to agreed contract duration …

. However, theory does not tell us a lot about the economic rationale for relationship lending in the context of multiple bank …

This paper provides the readers with basic important information about the principles of financial analysis for credit …