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EN1 Renaissance, page-51

  1. 7,648 Posts.
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    The other question is also how much are they also delaying payments like they did last year with creditors owed money from March through to December were paid in December?

    This is not a great way of building long term relationships with creditors because if that happened to me and I was a creditor I would either do one of three things;

    1. Increase my cost to cover all the debt collecting we are going to have to do to recover our money.
    2. Not deliver anything unless paid up front (no longer a creditor).
    3. Refuse to deal with EN1 as a client as it isn't worth the effort of collecting money and EN1 doesn't want to pay up front.

    I cannot see a supplier going you know what it is okay just don't pay us for 9 months during this pandemic as we don't need to pay our bills...
 
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