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Getting credit from suppliers for new company

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022425421 | 10:36 Mon 14th Aug 2006 | Jobs & Education
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Is it likely that i would be able to get credit from a supplier from day one?

As a new business it would be difficult for me to pay the suppliers until the job has been completed & paid for by the customer, so was wondering, is it common to recieve supplier credit as a start up company? Or do they always insist on money upfront until a trusting business relationship has been forged. The business area i would be looking into is carpet fitting.

Thanks in advance
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Differs from company to company. If your supplier is a small company, they are more likely to insist on Pro Forma payment to begin with, while a bigger company may be more able to offer credit initially.
You need to realise that you are a far gteater risk to them when you have just started out.

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