Quote:
|
Originally Posted by Batts
Its not holding money. I use to own a finance borker firm. The finance companys we used paid us on the 14th of every month, so if we signed up a client on the 15th of Feb, we wouldget paid for that client on the 14th of March, there would be no way they would go paying us everytime we settled a deal with them.
|
That's called withholding days or the duration of an invoice. It's got nothing to do with money being owed and a threshold of you deciding to pay them.
I can bet your company didn't have minimums before it decided to charge clients.