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They had net 30 terms on the contract and I didn’t think anything of it. That meant I didn’t find out until six weeks after when they missed a payment and then
by kevinburke 9y ago
They had net 30 terms on the contract and I didn’t think anything of it. That meant I didn’t find out until six weeks after when they missed a payment and then shortly after that shut down the company.
Obviously I won’t agree to net 30 again.
- bronson 9y agoNet 30 is just the way contractors are paid in the US. It's rare that a company can/will agree to something different, especially if there are multiple contractors bidding on the job. Not saying it's impossible, just that it will cut down on your potential clients.