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Paugus Bay Resident · 10-11-2005, 10:48 AM

Joe,

I think it really depends on what business you're in. I build custom log homes. Each home is milled to the customer's specifications. We typically get between 10 and 40% of the cost of the logs as a deposit, along with a signed contract, with the balance (logs only) due on delivery. The construction part follows normal draws. The company has been in business for 30 years, so it doesn't have anything to do with credit lines, etc. It does have to do with us getting stuck with something we may or may not be able to sell to someone else.

10-11-2005, 10:48 AM	#32
Paugus Bay Resident Senior Member Join Date: Sep 2003 Location: Gilmanton, NH Posts: 754 Thanks: 136 Thanked 93 Times in 51 Posts	Joe, I think it really depends on what business you're in. I build custom log homes. Each home is milled to the customer's specifications. We typically get between 10 and 40% of the cost of the logs as a deposit, along with a signed contract, with the balance (logs only) due on delivery. The construction part follows normal draws. The company has been in business for 30 years, so it doesn't have anything to do with credit lines, etc. It does have to do with us getting stuck with something we may or may not be able to sell to someone else.