About Trade Credit Pledge

What is the Trade Credit Pledge?

The Trade Credit Pledge (TCP) is a voluntary pledge. It involves big companies committing to honour payment terms to SMEs within a reasonable time-frame.

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Who benefits from the Pledges?

MNCs, PLCs and GLCs taking part in TCP will be imparting good business ethics by committing to pay the SMEs promptly as part of their CSR programmes.

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Why sign the Pledge?

The Trade Credit Pledge (TCP) has evolved into a mass movement that encourages and empowers MNCs, PLCs and GLCs to play their part in paying their SMEs suppliers promptly.

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