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I have no idea why companies ever accepted net 30, let alone to the extent that it has become a sort of standard. I’d have the business owner as the guarantor at a minimum. Better yet, if they’re good for the payment, they can get a bank loan.
I have no idea why companies ever accepted net 30, let alone to the extent that it has become a sort of standard. I’d have the business owner as the guarantor at a minimum. Better yet, if they’re good for the payment, they can get a bank loan.