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Delaplane1

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Posts posted by Delaplane1

  1. Recently...

    We have lost too many jobs (mainly, exclusively, ship-ins for national accounts) over our 50% deposit requirement. On all business with out of state sign companies we have always required a 50% deposit. Especially if it's a company that we haven't had a long relationship with. And especially on large jobs.

    Local companies that we trust and have never had a problem getting paid from - unless it's a large job - we just go do the job and pick up a check when the job is done. Never a problem. Likewise, our local companies have never bitched about giving us a 50% deposit on the larger jobs.

    So my question is this: What the hell is the deal with these larger sign companies telling us that they don't do 50% deposits? ("Never have, never will")

    On the other hand... I can go with no deposit and terms of 30 - 45 days... If, and only if, they can go with me nearly doubling our rate. If I gotta hang my ass out there on your job and wait to get paid - it's gonna cost ya. Or you can find someone else to install your sign. That our policy.

    What say all of you?

  2. = Delaplane & Son, Inc. date 1/13/09

    We had the same experance with Image Point. Started out years ago that they would pay like clock work every 30 days. Then they began stringing out the payments from 30 to 45 to 60 to finally 120 days then we had heated discussions about payment. Finly enough was enough and I burn't the bridges about four years ago.

    My experiance reguarding money owed the installers. It might as well be written off sorry to say. I have experianced that my self. Buyers will come in and purchase the assets only, not the liabilities leaving everyone hanging.

    Good riddance to Image Point. :thumbs::thumbs:

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