[Richard Shepherd]

After I had  completed one of my commercial jobs this afternoon I was approached by a chap in a suit who proceeded to tell me he was the contracts manager and could I send future invoices for his attention.
He then informed me that payments would now be on 60 days for all contractors.
I asked him if he was new to the company to which he replied yes he had started three weeks ago, I then asked him if he was having to wait 60 days for his wage, I don't think he was amused

[cgh window cleaning]

I would be happy if some of mine paid in 60days.
I don,t know about you  but I have noticed more and more commercial jobs that I do are delaying or being very slow in paying .i have a few monthlys that always  take 6-8 weeks to pay and a weekly job that last paid in April and that was for work carried out in Feb.
Don.t get me wrong I do have some great ones who pay when the glass hasn't even dried .but some are starting to wind me up.

[Matt.]

I still owed invoices from last year mate, commercial is like that some times.......

I do work for a very wealthy establishment and they make me wait 90 days

Bit of a pain to start with but after the first month or 2 ya used to it

[Ben Marriott]

It's not right  - our Italian suppliers would go batty if we went over the 30 day accounts without GODS permission!!

[SeanK]

I know back in the day a lot of companies put payment off for as long as possible as it was better sitting in their
bank accounts earning interest.
But you would think that with interest payments so low these days it wouldn't be worth their while.

[Mike #1]

14 days some 28 days , I get to know the person who sorts out payments and only deal with them directly i even have 1 contract that pays within  24 hrs .

[David Kent @ KentKleen]

As soon as they go over the agreed terms you are allowed by law to charge 8% p.a plus the bank of englands base (0.5%) rate so at the moment 8.5% interest. I have one at the moment that we do several properties for, 90 day payment terms, there at 105 days now. I am seriously considering letting all our larger commercial work go. Vowed when I started to stick to domestics and small commercial, wish I had, we are too busy as it is with these, and I dont need the hassle of chasing commercial payment.