According to PMMI's Payment Terms Quickie Survey, nearly two-thirds of PMMI members offer new customers the same payment terms as existing customers. In 2009, the most common payment terms for new equipment were: 50% down, 40% prior to shipment, balance net 30.
Related Links: Quickie Surveys, Request a Quickie Survey
Payment Terms: New Versus Existing Customers « The Hub // May 26, 2010 at 8:11 pm
[...] existing ones, most companies appear to treat both the same. That’s the result of an April “quickie survey” conducted by PMMI, or the Packaging Machinery Manufacturers Institute. About 60 percent of [...]