|
It can take a while to turn things around and build back up, especially in the case of a billing company closing and having to rebuild that steady re-bill foundation. But all of your eggs shouldn't be in one basket regardless, so 6-12 months is a good reserve.
Since 1999 we've had 4 billing companies close and keep funds, each time it causes some type of set back. Sadly it's the nature of the business but thankfully it's never caused any serious issues that we couldn't come back from.
With that said, should CCBill ever stop paying I think it's safe to say 80% of adult companies would not be able to make affiliate payments, or mortgage payments the following month.
|