I got one of those. He pays, but it's like getting a root canal if I try to
get him to "catch up". Oh well, I just tack a little on it for the carrying
charge.

John

-----Original Message-----
From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED] On Behalf
Of John Weller
Sent: Monday, January 29, 2007 3:19 PM
To: profox@leafe.com
Subject: RE: [NF] Extending credit to clients?

I extend credit to one client - but not intentionally!!!  They're b&*( awful
payers but always pay up in the end; they have to as they rely on me too
much.

My immediate reaction would be to avoid it like the plague.  If they need a
loan then get one from the bank.

John Weller
01380 723235
07976 393631
>
> 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:
>



[excessive quoting removed by server]

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