What does it mean for the forwarder to agree to extend the freight settlement period, and why will it save our company's financial expenses?

The extension of the settlement cycle means that the company can occupy more carrier funds for free, and the occupied funds have to pay interest, saving the company's financial expenses.

For example, if a company borrows 300,000 yuan from a bank, it can occupy 300,000 more carriers due to the extension of the settlement period, so the company does not need to borrow money from the bank, which can save the interest paid to the bank, that is, it can save the company's financial expenses.