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So your client wants to extend their payment terms to you

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10 years 11 months ago #941 by ashley smith
A very familiar story - but do you have to accept it?

The following is an interesting article from the States on the subject with some great advice.


www3.cfo.com/article/2013/1/credit-capital_small-biz-accounts-payable-receivable-payment-term-extensions?currpage=1

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10 years 11 months ago #943 by David J
Thanks Ashley
A very good article with some good tips. I recommend that everyone should read this when faced with big companies trying to stretch payment terms.

It was interesting to note how many small businesses failed to react when large companies changed their payment terms.

David

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