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I used to work at a very large telecom company, and one of our clients was on average 380 days late with their payments. We used to say we were their bank, len

by inerte 13y ago

I used to work at a very large telecom company, and one of our clients was on average 380 days late with their payments. We used to say we were their bank, lending money for cash flow. Except never charging interests :)

TheOsiris 13y ago
wow! 380 days late? Which telecom is that? I'd love to do business with them
grimman 13y ago
> on average 380 days late What? Over a year late? How is this even possible?
- bluedino 13y ago
  Probably a huge client. Millions a month in revenue, but slow to pay.
- inerte 13y ago
  Yep, over a year. Let's say it was considered normal, and business was adjusted to deal with it.