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PAYMENT TERMS FOR NEW BUYERS.
Post 1 of 4

[em17]

What can be the best payment term for new buyer especially when you know, many vendors are in line to offer best what they can to attract a buyer.

16 Jan 2009 02:21
Post 2 of 4
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Quoting from [superb]:

[em17]

What can be the best payment term for new buyer especially when you know, many vendors are in line to offer best what they can to attract a buyer.

Just stay firm on your term's that will be enough for the buyer to understand your business strength. Other can offer best but you can offer what you can. This way you will gain long-term relationship.
16 Jan 2009 15:32
Post 3 of 4

Use www.escrow.com - they serve as a mediator, but you do not have to divulge bank information to new buyers until you feel comfortable.

 

I limit doing business in South Africa. If it sounds too good to be true, it normally is.

Get trade references if you can and a BIC number or Tax ID # and verify.

 

Good Luck

29 Jan 2009 17:32
Post 4 of 4
Quoting from [superb]:

[em17]

What can be the best payment term for new buyer especially when you know, many vendors are in line to offer best what they can to attract a buyer.



I think C.A.D is best term for new buyers.If you want safe yourself.You can get 20 or 30 % advance.
02 Feb 2009 21:11
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