RE: SPAM-LOW: Re: FN-FORUM: Credit to resellers

date posted 7th March 2008 13:27

State your terms clearly is definitely the 1st step, then hope for timely
payment.

>One I just gave up on and extended his
>credit to 60 days, but a day over he gets phoned mercilessly.

Good advice.
Its time consuming but nobody likes being hassled. Eventually they will pay
up, and maybe next time theyll keep to your terms.

Always add a clause about charging interest for late payments. Then if they
are ongoing customers, be sure to follow up the threat. Youll find after
paying extra, they will usually be keen to pay on time in future.