A couple of thoughts...

Would the agreed payment meet your costs and give you some profit? 
Would doing this work mean you are missing out on other work?

If you don't loose anything then extended payment terms (not a loan) are 
just a risky long term investment.

Another couple of ideas... 
You would want a really glowing reference from them you could splash about!
They would be effectively a captured client so they will always come to 
you (no choice really).
Whether you look at equity is dependent on your knowledge of the 
business and if they will approach you as a share holder for more cash!
Have a lawyer draw up the agreement if you can afford it, I don't know 
what the US rules on trading insolvent.


-- 
Michael Hawksworth
Visual Fox Solutions

[EMAIL PROTECTED]
www.foxpro.co.uk





_______________________________________________
Post Messages to: ProFox@leafe.com
Subscription Maintenance: http://leafe.com/mailman/listinfo/profox
OT-free version of this list: http://leafe.com/mailman/listinfo/profoxtech
** All postings, unless explicitly stated otherwise, are the opinions of the 
author, and do not constitute legal or medical advice. This statement is added 
to the messages for those lawyers who are too stupid to see the obvious.

Reply via email to