Solving 60-90 day billing terms to get paid

pumpkinishere · Apr 29, 2021

God prefers Diesels said: ↑

Getting through the first month (or whatever your terms are) is the only hurdle. After that, the money keeps streaming in, and continues to do so one month after you've quit the business. Basically everything just gets pushed out a month. No different than driving nails and having to wait for your paycheck until Friday.

As others have said, you're describing a factoring company. These people already exist, and they are already preying on truckers.
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What do or how do you go about if they don’t pay?

God prefers Diesels · Apr 29, 2021

pumpkinishere said: ↑

What do or how do you go about if they don’t pay?
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Call their insurance company and file on their bond. But usually the threat of that works.

I emailed about an invoice when it was a day late. Asked status. They said: "we pay in 30-45 days from invoice." I said: "Either show me in the signed carrier packet where it says that, or send me something showing you mailed the check yesterday. Otherwise I'm filing on your bond." Got an immediate reply saying they would have the check out that afternoon.

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Solving 60-90 day billing terms to get paid

Would you pay a service to have immediate payment rather than waiting 60+ days to get paid?

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No

pumpkinishere Heavy Load Member

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God prefers Diesels Road Train Member

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