I agreed to it because even if they pay in 30 days the mail can take a few days and I wouldn't cease doing work for a client until 45 days anyway. I have always allowed that extra time anyway. I just informed then that there would be no grace period - if the check isn't here in 45 days - no more work.
60-90-120 is completely unacceptable. I would never agree to work with a company that actually "planned" on paying that late every month. I'm not in the credit business.
Best,
Robert A. Franco
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