Dear Bros and Sis,
Currently i have a company doing some engineering parts, so the credit terms im giving my customer 30days credit terms, things were pretty alright till this recent order where they ramped up their order 6 times more than normal, its been 40 plus days and till no one has gotten back to me on the payment yet.
Due to the high cost of the products, now my supplier is chasing for payment so I LL have to pay up first. If i were to take legal action, would the purchase order serve as a proper agreement???
Currently i have a company doing some engineering parts, so the credit terms im giving my customer 30days credit terms, things were pretty alright till this recent order where they ramped up their order 6 times more than normal, its been 40 plus days and till no one has gotten back to me on the payment yet.
Due to the high cost of the products, now my supplier is chasing for payment so I LL have to pay up first. If i were to take legal action, would the purchase order serve as a proper agreement???
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