vendor credit

JoseYero · 05-21-2007

we have had a lot of success with vendors giving us credit. we then get payment upfront from our customers or a deposit to cover part of the purchase. this gives us a serious cash boost.

Laettner14 · 05-27-2007

Most vendors will give you 30 days net to pay off an invoice, but why would you risk using the upfront payment from the customer for something else and not being able to pay the vendor? You can use your positive payment history with the vendor in your business credit report by having the vendor report it.

Jerlene · 05-29-2007

We get a lot of credit from vendors as well when products are damaged in any way, shape or form.

aspire · 06-20-2007

That's the benefit of having a good credit history. One can also play around with the float and reduce the cost of capital for one's business enterprise.

scoopy301 · 09-26-2007

For having a good vendor credit, firstly you should have a good credit history and then you will face no problems in even replacing the damaged goods

matty · 11-06-2007

It is very true that no vendor will give your credit in the very first transaction and it is always better to built good credit before asking him

Jerlene · 11-08-2007

Quote:

It is very true that no vendor will give your credit in the very first transaction

Every vendor is supposed to do this. Doesn't matter if it's your first or one hundredth transaction.

chargebacks · 11-10-2007

Also consider factoring of your invoices, may help.

05-21-2007	#1 (permalink)
JoseYero Senior Member Join Date: May 2007 Posts: 99 Rep Power: 1	vendor credit we have had a lot of success with vendors giving us credit. we then get payment upfront from our customers or a deposit to cover part of the purchase. this gives us a serious cash boost.

05-27-2007	#2 (permalink)
Laettner14 Senior Member Join Date: May 2007 Posts: 110 Rep Power: 1	Most vendors will give you 30 days net to pay off an invoice, but why would you risk using the upfront payment from the customer for something else and not being able to pay the vendor? You can use your positive payment history with the vendor in your business credit report by having the vendor report it. __________________ http://cancertopics.net/ The Best Natural Cancer Treatments http://meteorfreaks.com/ News of the weird and just plain stupid

05-29-2007	#3 (permalink)
Jerlene Senior Member Join Date: Mar 2007 Posts: 1,077 Rep Power: 3	We get a lot of credit from vendors as well when products are damaged in any way, shape or form. __________________ 1 \| 2 \| 3 \| 4 \| 5 \| 6 \| 7

11-10-2007	#8 (permalink)
chargebacks Administrator Join Date: Feb 2007 Posts: 217 Rep Power: 10	Also consider factoring of your invoices, may help. __________________ John Lark Chargeback Forum Senior Moderator http://www.chargebackforum.com/

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06-20-2007	#4 (permalink)
aspire Senior Member Join Date: Jun 2007 Posts: 106 Rep Power: 1	That's the benefit of having a good credit history. One can also play around with the float and reduce the cost of capital for one's business enterprise.

09-26-2007	#5 (permalink)
scoopy301 Member Join Date: Sep 2007 Posts: 50 Rep Power: 1	For having a good vendor credit, firstly you should have a good credit history and then you will face no problems in even replacing the damaged goods

11-06-2007	#6 (permalink)
matty Member Join Date: Nov 2007 Posts: 49 Rep Power: 0	It is very true that no vendor will give your credit in the very first transaction and it is always better to built good credit before asking him

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