3 ms·

> NET 90 and asking for special quotes from big companies is definitely something that happens all the time. These are not the same thing as simply refusing to

• viraptor 3y ago
  Every contractor for large corps that I know has at least one story about chasing up payments and researching small claim court rules. I'm not exaggerating - every single one I talked to. It's sometimes "NET please forget this, and we'll try to drag it out anyways.". Also the terms should be an agreement, but in practice it's: the large company has more power and will tell you their finance dept will not pay out before X - doesn't matter what you put on the invoice.
  • hgsgm 3y ago
    Google and Amazon could buy Twitter for couch cushion change, and probably run it profitably. They aren't a powerless overworked freelancer.
  • bombcar 3y ago
    This is why so many places accept credit card for what you would expect the fees would be too high for; because they know if they can get the large business to just pay the $50k on credit card they will never have to worry about collections, net 90, etc, etc. It's worth the $1,500 hit. I've even been on the other side of that, expensing it because that was easier in our system than getting a PO.
  • lapcat 3y ago
    You're missing the point here. Yes, late payments are normal and happen all the time. What's happening here is not simply a late payment. It's a refusal to pay an already agreed upon price as a negotiating tactic in order to get a significantly cheaper price. How many stories of that do you have? If the story here was just "Twitter is late paying its Google Cloud bill, and Google is giving Twitter additional time to pay in full", then that wouldn't even be much of a story.