I realize that this is off topic, but I recently received notification from one of my clients (a large international corporation) that their terms for payment are now "Net 75, where legally allowed". We're a pretty small shop comparatively - normal terms for us are Net 30-45. Is Net 75 out of the ordinary or destined to become the new normal, especially when dealing with relatively small POs for large companies? I trust the wisdom of the LISTSRV, so I'd appreciate any feedback anyone can offer!
Thanks -
Jon
Jon Quandt
Client Service Manager
OI-Tech
10168 Cedar Ridge Dr
Ashland, VA 23005
804-412-2124
Cell: 804-357-9498
www.oi-tech.com
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