Client accidentally told me rate they pay - weird conversation.
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  1. #41

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    Quote Originally Posted by northernladuk View Post
    So what's the story here? Your client manager is an utter moron? Anything else that stops this from being in general?
    Of course he is a moron, he hired PC!
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  2. #42

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    Quote Originally Posted by SimonMac View Post
    Of course he is a moron, he hired PC!
    Someone has to change the tapes....

  3. #43

    Ddraig Goch


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    {{yawn}}
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  4. #44

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    Quote Originally Posted by jamesbrown View Post
    Plus, of those that do, most do not pay within a few days of invoicing. More like monthly invoicing with 30-90 day payment terms.
    There are B2B companies who will provide payment factoring (I think this is the right term) where they will pay you immediately when shown a valid purchase order and then they get paid by your client, for 2% of the total or so. For a more typical small business with employee costs, this is very significant, clearly us rich contractors aren't bothered
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  5. #45

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    Quote Originally Posted by d000hg View Post
    There are B2B companies who will provide payment factoring (I think this is the right term) where they will pay you immediately when shown a valid purchase order and then they get paid by your client, for 2% of the total or so. For a more typical small business with employee costs, this is very significant, clearly us rich contractors aren't bothered
    Yes, you could sell the invoice to a factoring company but, as you say, unless there are cashflow issues, it's better to wait.

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