What Payment Terms Do You Offer Customers?

Avatar
Brian Rhodes
Feb 22, 2023
IPVMU Certified

Is payment due 15, 30, 45, or 90 days after you invoice customers? I often see anyone requiring the full money up front called a 'trunk slammer' and it is often registered as a scammer warning, but do you do this? What terms do you typically offer?

IPVM Image

(*'** **** **** *********** *** *** hyper-focused ** *********** ** ********* ****-****** distributors *** *************, *** **** ***** be * ********* ********** ****.)

* ***** **** ****** ******* ** 30 ****, *** **** ******** *** some ******* **** *****. *******, *'** also **** '***' ******** ********* ***** this *** ****** *** **** ******** without *********** ******* **** ***.

UI
Undisclosed Integrator #1
Feb 22, 2023

****** ******, **% **** ***** ** any ********* ***** *******, **** *** remaining **% *** ** ***** ******* completion. *** **% **** ********* ****** the ******** ** *** ********* *** materials **** *** ****** **** ***** labor, ** ** ** *** ******* by * ****** ** ** ***** have *** ******** **** ***.

** *** *** ****** **** *** notoriously **** ** ******. **** ******** client **** *** ******** **** **** quite ***** *** ********** *** **, but **** ***** ********** ** **** on ***** *** **** ***** *** refuse ** *** **** ****. **** finally ****** ** *** ** ****** like *********** **** **** ** *** techs ** ***** ******** ***** ***** trying ** ****-**** ***** ******, *** it *** *** **** ***** *** us. ***** ** ** **** *** extra ******, ** ********** ***'* **** the ****** *** ********** *********** *** much ** **** **** ********* *** them.

(4)
(4)
UM
Undisclosed Manufacturer #2
Feb 22, 2023

** **** **** ** ** **** the ****** *** ****** ****** ********, the **** *** ****** ***** **'* ok ** ** ****.

(7)
Avatar
Brian Rhodes
Feb 22, 2023
IPVMU Certified

*****, *** ******* ***** ** **, "I *** *** ** ****, ***'* better **** ** ***** ** * will *** **."

(4)
UM
Undisclosed Manufacturer #2
Feb 22, 2023

* ***** ******* ** ** ******* that *** - *** * *****. It **** ** ******* ** ** the *** ***** - ** *** owe *** **** $**** **'* **** problem, ** *** *** *** **** $50M **'* ***** *******.

(4)
MH
Matthew Hoenig
Feb 23, 2023

** ** ********* *******, **% **** to ***** ***** *** ********. ******* due **** **********, ***** ********** **** net **.

*** ****** *** ****** ********* **** have ********* ******* *****. *** ** Net10 ** *** ****** ******* ***** completion. ***** ***** ************, **** ******* out ****** *** ***** **** ** down *******, *** **** ****'* ***.

(1)
(1)
UI
Undisclosed Integrator #6
Mar 01, 2023

** ** ****** *** ****** *********.

**********, **'* *** **** **** **** cashflow ****** **** ***** ********** **** ours ******. * ** **** **** act **** ******* ******* **** *** Fortune *** ** ** *** ** what ** ****.

*** ****** ********* **** **** ** have **** **** ******* ******* ** jump ********** ***.

**. **'* *** *** ***** ********* - * *** ***** ** * few *** ****** ***** ***** ********** as **** ********* ******** *** ****** they *** *****, *** **** ** rare.

UI
Undisclosed Integrator #6
Mar 01, 2023

** * **********, * **** **** trying ** ********* *** ** *** larger ************* ******* ** ** ***** when ****** ******* ** *****, **** their ******* ***** ***, ** **** can ** ****** ** **********.

**'* *** ********* **** **** ********** previously.

*** ******** ****** ** **.."**** ** they **** *** ****, ****'** **** to *****".

(********** ** *** **** **** ********** found ********** **** *** ********* ****** pulling *** ******* *** ****** ****'* agree **** *** ******* *****)

(1)
UI
Undisclosed Integrator #3
Feb 23, 2023

**% ** **** ******* ***** ** labor? **** ***** **** ** ** you **** **** ******* *** ** hardware *** **** ** *** ** in *****?

(1)
UI
Undisclosed Integrator #1
Feb 23, 2023

** ************* ** ****'* *** ** uncommon ***** *** ** ******* ** the ***. ******* **** ***** (******* to *******) *** ******* $***-***/**** *** a ***** ******* *** **** * couple ** *****.

* ****** *** **** **** ** typically ** * ******* ** *** the ****-****** ********. ** ******* ******* and *******, ******* *****, *** *******, hang *** *** ********, **********, ********* everything, *********, ***. ** ************ ** some ** ** *** ** **** the ***** **** ** *****.

****** **** ** ** ****** *** to ******* ** ** **** *** hardware ** ******* ** *** **** payment. **** **'* ** ** *** customer's ********, ** **** ****** ** pay **** *** **** ****** *** access ** ***** ********. **** ** you ***** ******* *** *********, **'* now "****" *** *** *********** **********.

(1)
(1)
UI
Undisclosed Integrator #6
Mar 01, 2023

** **** **** ** *** ***** at ***** ******** ***** ***** ****** to ****-**** ***** ******, *** ** was *** **** ***** *** **. While ** ** **** *** ***** income, ** ********** ***'* **** *** hassle *** ********** *********** *** **** we **** **** ********* *** **

* ********* ******* **** ********* *** actual ****** ********* *** ******** *** no **** **** *** ******** ****'* paid.

** *** ** **** *** *********, they **** **** ***** *** *** it ***** ** ** **** *** finance ****'* ************** ** "******" ****, with ****** ****** *** ***** ********* / ************* ***.

** *** ****** **** *** ******* know ** **** ****'* ********* **** we ******** ******** *** ** **** (i.e. **+ ****) ******** *** ** also **** **** * ******* ****** on ***** ******* *******, ** **** can ******* ** **********.

(1)
UM
Undisclosed Manufacturer #4
Feb 25, 2023

** ****** ******* ** ****. ** would ** ****** **% ** **% down ****** *** *** *******. **'* have ***** *** ********* **** ****** wanted ** *** ****, ***. *** even ******** ** *** *****. **, we **** **** ***** *** ******** to *** *****. **** ** ***** us **** **** ****? **** **'** charge *** ******** **** ***.

(1)
U
Undisclosed #5
Feb 25, 2023

* ***** *** ****** ********* *** full ***** ** ***** ****** * 'trunk *******'

**** ** ** *** *****-******** ****, I ******'* **** **** ******* ** requiring **** ******* *** *** *** before ********* ** **** *******. ********* because * ******'* ******* ****** ***** dumb ****** ** *** *** *** whole *** *******.

**** * *** *******' **** ** the ***, * ***** ****** **% upfront *** *** ********* ** ********** of *** *** - ****** * leave *** ********... *** *.

(2)
UI
Undisclosed Integrator #6
Mar 01, 2023

**** ***** ** ***** *** ***** who **** * **** ********* ***** record ** *** ***** ***.

** *** * *** ************* ******* in * *** ***** ***** **** were ***** *** ** *** ***** there *** ***** ***** ** ** any ******** ** ********, ** ******** on **% ******* + ****** ******** - ** ****** ** **** **** the ********* **** **** **.

(**** **** ****** ** *** ** in ******* *** ****'* *** ******* day)

(3)
(1)
Avatar
Brian Hampton
Mar 01, 2023
IPVMU Certified

**** * ******* ****** ****** ******** a **% *******. ******** **** ** custom ***** ******** ***% *******. * do *** ** ** **** **** a **** *** ******* *** ******** @ *.*% *** *****.

(2)
UI
Undisclosed Integrator #7
Mar 01, 2023

*** ******** **** $***, ** ** a **% ****, ******* ******** *******. Of ******, ***** ****** *** *** Credit ***.

(2)
UI
Undisclosed Integrator #3
Mar 01, 2023

***** ***** ** **** **** ***** 100% ** *** ******** ******* *** 20% ** *** *****. ******* ** due **** *** ******* ** *********. If ** ** * ********** ******* we ** *********** ******* ** *** projects.

(2)
Avatar
Raymond Shadman
Mar 01, 2023
IPVMU Certified

** *** * ***-****** ******* **** year ***** *** ******** *** ** a **** ** **** ******* (** is ******** ****), *** ** **** them **** * ***** ** **** up **** *** **% *******. **** should **** **** * *** **** by ******.

*** ******* *** *** ***** *** project **********, *** *******, **** **** their **** ** ****** *** ********** unknown ********** ****** *** ** ******** just ***** ******** ** * ******* 500 *******. **** **** ******* ***** 60-day ****-*** ******, * **** *** access ** ***** ****** ******. ** was ***** *********, *** **** **** not ******* ** *** ***** *******. By **** **** ***** ***** **-*** past-due ****** *** ******** ***+ ***** wasted ******* ** ******** ******** ****** in ********* ***********, * ******* ********** a ******* *** **** *********** ****** shortly *********.

****** **** ******, * **** **** that ** *** ********* *** ******** terms ** *** ********* ** ******** your *******, ** **** ** **** disregard **** ****** ******** *** ********* support, *** ***'** *** ***** ** want ****.

* ***** ******* *** ***** *** conditions ** ******* * **** *** per *****, *** * **** ** sweet **** ** ********** ** **** customer's **** ******* *********.

(4)
U
Undisclosed #5
Mar 01, 2023

* **** *** ****** ** ***** camera ******. ** *** ***** *********, but **** **** *** ******* ** see ***** *******.

*** *** *** ********** ****?

Avatar
Raymond Shadman
Mar 01, 2023
IPVMU Certified

*** *** ******* **** ****** ****** Milestone ********. *** * ******* ***** admin ******** ****** ******** *** ****** the ******* ****** **. **** *** zero *** ** *** **** *** camera ******, **** ** **** **** how ** ********** ********.

(1)
U
Undisclosed #5
Mar 01, 2023

*** **** * ** *** **** of *** ** **** ********.

*****, *** * *** ******* *** this ******** ***** ****** *** ** enough **** ***** *** ***** *** want ** ** ****.

******** *** ******* ***** ***'** ********* access ** **** ***** *** *** will ****** ********* **** **********.

(1)
Avatar
Raymond Shadman
Mar 02, 2023
IPVMU Certified

********** ** *** ******* *********, ***, but ******** ** *** **** ********* and **** ******* ******. ** **** have *** **** *** ***** ****** and *** **** ****-*** **** ** intention ** ****** *** **, **** they *** *** **, *** **'* counter-sue **** *** *** ****** *** it. ***** **!

(2)
U
Undisclosed #5
Mar 02, 2023

********** ** *** ******* *********, ***, but ******** ** *** **** ********* and **** ******* ******.

* ***'* ********** *** ********** ***** be ******** **** ******* *** ***** have *********?

***** * ******** ***** **** '**** * ****, **** *** *****' ********* **** ** ***** ** non-payment ** ****** ************* **** ** me, ** ** ***** * ***** position ** *** ******** **. *** risky, ***.

* ******* (****** * *** ***** of ******):

******** * **** ********* ******** *** their **** ***** ** ******* ***** perimeter *** *********.

********** * **** *** **** **** access ** ******** * *** ******* to ******* ***** *********** ********** ** pay ** **** - *** *** bad *** (***'* **** *** ******) climbs **** *** ***** *** ***** someone.

**** ** ********** * *** **** it ** *****, ******** *'* ***** team ** ***** ***** *** ******* hesitation. ; )

Avatar
Brian Hampton
Mar 02, 2023
IPVMU Certified

*** ***** **** ** ********* ***** scenario. ***** *******, * *** ** repossessed ** *** ********** *** *** payment. ******* ********** *** **** ***** is ******* ** ***** ***** *** was ****** ****** ** *** ***********. Shortly ***** *********** ***** *** ** missing **** *** ****** *** ****** while ******* ** * ****….

*** *** ***** *** ************* ***** single ***.

*** **** ****** **** ***** ** your ***** ********** ******* *** ******, do *** ***** **** *** ***** to ******** ********** *** ****? ** long ** *** **** **** ***** of ****’* ***** ** ****** *’* have * **** **** ********* *** such ******* ***** **** **.

U
Undisclosed #5
Mar 02, 2023

**** ****** - ***...

* ** *** ******** *** ****-*** just ******* * ***... ****** ***** list ** ****.

** ***** *** **** ******* *** customer ****** ** ************* ** *** equipmentsold ** **** by the integrator exposes the integrator to an amount of risk that I do not think is wise - whether they win in court or not.

************, *'* *** * *** ** integrators *** ******** *** ******** *********** from ***** ********* ** *********.

*** ********* ********** *****... *** **** repos *** **** *** ********* **** integrators ********* ************* ** * ********* VMS.

** ** **** ************, *** **** legal *** **** *** ** ** is ******* *** **** ** ** the *****... ** *****.

** ** *** ***** *****'* *** in ****, *** **** *********** *** property ** ********* ** *** *** eats *** **** ****.

***, **** *** *** ****** ** sold ** *** *** **** ** is ******.

** **** ***'* *** ** ****, it ** ** *** ********** ** begin ***** ********.

Avatar
Brian Hampton
Mar 02, 2023
IPVMU Certified

** ** *********** **** ** **** haven't **** *** **? * **** heard **** ********* ********* ******* **** of *** ********* ** *** ***'* technically **** ****** **, *** ********* their ****** ** *** ****** ** a *** *********. *** ***** ** able ** *** ***** *** ******** have *** **** **** ***, **** have **** ******. * ***** **** think ** **** *** *** ***** to **** * *******, **** **** would **** ***** ** *** *** integrator. ****** *** * ***** **** by ********* ***% ** *** ********* paid ** **** ***** ** ******** of *** ********* ** **** ** large *************. * ******* *** ***** put **** ******** ** *** ******** that ********* **** ** ******** ** payment ** ******* *** ** **** as *** ******** ****** ** *** terms ** ***** ** * ********* case ** ***.

(1)
UI
Undisclosed Integrator #8
Mar 02, 2023

**** **** *** *** - **** on ****** ****. *** ** *** a ***** ******* *** ****** *** my **** ***** **** **** ** mouth **** ***** ******** ******. * kind ** **** * **** *** who ** *** ******* **** *** it **** *********** **** *** *** willing ** ******* ******* ***** ** front. * **** *** **** **********, but ***** *******. * ******* *** for ** ** ***. * ***** job ** ***.

*** **** ** ******** *** ********* for ****** *********. ***** ********* **** a **** ********* ** **** ***** the ***** ** ******** ** ***** - *** ****** *** **** **** likely ** ***** *** ****** *** they **** - ******* ****** ********* they ***'* **** **** ** ****** hurts **** ** ****.

(1)
UI
Undisclosed Integrator #9
Mar 06, 2023
IPVMU Certified

** *** ****** ****** ** ****** that ***** *****. ** **** ***** N30. ** ** **** ******** *****, on ****** ******** ** ****** ** equipment **** ** ***** **** ******** billing, ** * **/**/** ******* ******.

** **** *** ******** *********** ********* want ***** *** **** **** ******** credit ** ** ***** **** ***-******* options. **'* ***** *** *** ** see $**+ ********* ***** **** ** should **** **** ***** ******* **** are *** **** **** *** **** their ****** ****** ******* ****** ** expect ******** ** ** ******* ** to ** **** ****.

*** ***** ** ****** ** *** government. ** *** *** *** ******* a ********** **********, ******!

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