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10-17-2008
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#4 |
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Join Date: Jul 2005
Posts: 6,165
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Re: Delay on pay growing problem?
I'm with HP on this. I was talking to a builder today and he said that his clients are pushing his 30 day payment back to 45 and 90 and is worried that he will be stuck between his receivables not supporting his payables and he will be in the same position with his suppliers. And so it goes. Trickle down.
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