I see no problem if you feel that you can trust this client.

My 2nd to last major client had me extending him credit (to the tune of 
over $11,500 in 6 weeks) by crying cash flow problems but didn't bother 
to tell me he wasn't going to pay...  That's not someone you want to 
extend any more credit ... and I didn't... :-)



Ted Roche wrote:

>I had a client I've worked with before approach me for a follow-on
>project. They're strapped for cash at the moment, but had been perfect
>with payments on time in previous project that lasted 10 months.
>They'd like to defer some of the costs of development for a period,
>which I can sympathize with, but I'm not a bank and am fairly naive
>over the terms offered. Anyone have an opinion (ha! In this crowd, has
>anyone got an opinion -- what a funny guy!) on whether this is ever a
>good idea or gotches on these terms:
>
>Time billable at $X.00 / hour
>
>
>  
>


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