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> 4.) Defer payments to vendors. If it's 15 days net pay in 60. Our customers do this all the time. Not good advice if you think the crunch may last more than

> 4.) Defer payments to vendors. If it's 15 days net pay in 60. Our customers do this all the time. Not good advice if you think the crunch may last more than 60 days.

hodgesrm 7y ago
It's part of 'flattening the curve'. In 60 days your overall burn can be lower due to other factors, so you can add the payments back in.
- zeckalpha 7y ago
  Be sure to annualize your effective interest rate.