Jan. 31, 2023
New Policy Creating Credit Assured Payment Schedules, Opportunity For Input
The Defense Security Cooperation Agency (DSCA) issued policy for a new term of sale called, “Credit Assured Payment Schedules” (CAPS). CAPS makes the United States a more competitive partner by providing an alternative to the standard “Cash Upon Acceptance” term of sale, which requires full payment upfront. The new CAPS term of sale is intended for partners who do not qualify for payment schedules under previous policy.