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Smart depends on many things...especially their and your business. Certainly i would put them on CASH ONLY, or very limited credit. Continuing business with them does not effect your calim to be paid the past due amounts, or gert them to you any sooner or later - or in any more or less amount. Except, if your a vital supplier, they may need your product to continue operating at all, and that could effectively through some weight. If a new customer walked in the door and said... I've shown I can't run my business profitably, I haven't paid my bills timely, and many not at all, for some time, the people that know me and my money sources won't give me any more and my other vendors generally won't either, in fact I'M IN BANKRUPTCY, but listen, I want to do business with you - just think f all the money you can make with me...please let me have it and I'll pay YOU soon." What do you think the "smart" answer should be? Kinda' funny right?

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16y ago

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