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Old 02-18-2011, 05:55 PM
hackitdown hackitdown is offline
LawnSite Silver Member
Join Date: Apr 2004
Location: Groton, MA
Posts: 2,431
I guess a line of credit to buy materials is ok, but we now understand the risks. There is a simpler solution.

On large projects, I usually ask for a 33% deposit when work commences to cover my material costs. Most customers expect to pay it. Those who won't pay set off an alarm in my head. Sometimes another 33% is due halfway through. The final 33% is due on completion.

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