Jonathan, Another option is to sell your receivables to a bank or collection agency. They will charge a premium; but if cash now is your primary goal it could work to your advantage. You'll get the full contract price, minus the premium now; they do all the collection work for the life of the contract. They assume the risk of the customer not paying. Of course it introduces a third-party into the relationship, but that can easily be explained to the customer as a billing service. - Jeremy ----- Original Message ----- From: "Jonathon Podolsky" <producer at wholehealthexpo.com> To: "Hidden-Tech" <hidden-discuss at lists.hidden-tech.net> Sent: Tuesday, June 19, 2007 6:18 PM Subject: Re: [Hidden-tech] How do I offer customer financing? > ** The author of this post was a Good Dobee. > ** You too can help the group > ** Fill out the survey/skills inventory in the member's area. > ** If you did, we all thank you. > > > On Jun 16, 2007, at 12:30 PM, DrFried wrote: > > > CareCredit provides this type of service for professional service > > providers (MD's, DC's, etc). > > Are you not wanting to take the chance at not getting the rest of > > the money? I guess what I'm asking is if you can take the 50% > > deposit, and give terms to it like it being non-refundable except > > under "x" circumstances, and then have a deadline for the remainder > > of the money? Is it that much of a risk to carry the balance? > > > > -Mindi > Thanks for the link. The problem is I have a lot of ongoing expenses > so would help my cash flow a lot to get full payment now, especially > as some of my events will be scheduled 1-2 years out and venues need > early deposits. Also there is extra administrative work for > additional billing, telephone calls, and as you mention some risk of > not getting all the money. > _______________________________________________ > Hidden-discuss mailing list - home page: http://www.hidden-tech.net > Hidden-discuss at lists.hidden-tech.net > > You are receiving this because you are on the Hidden-Tech Discussion list. > If you would like to change your list preferences, Go to the Members > page on the Hidden Tech Web site. > http://www.hidden-tech.net/members >