[RE-wrenches] large module orders - COD??

[Wind-sun.com]

We no longer even accept many such orders - especially for those concerned 
with state projects in California, New Jersey, New York, and a few others. 
Even for those not issuing IOU's for payment, payment has been stretching 
out for as long as 120+ days. We also no longer accept any government 
purchase orders except a few local ones from the US Forest Service. We have 
the credit lines, but with the small margins now on panels, the loss of 
$100K would take like $500K in sales to make up if lost. The problem in many 
cases is not that you don't get paid, but that it can take months.

I would triple check the viability of the company ordering and the project 
before I sank any real money into it.

..................................................................................................
Northern Arizona Wind & Sun - Electricity From The Sun Since 1979
Solar Discussion Forum: http://www.wind-sun.com/ForumVB/
..................................................................................................
----- Original Message ----- 
From: "Jeff Yago" <jryago at netscape.com>
To: "RE-wrenches" <re-wrenches at lists.re-wrenches.org>
Sent: Monday, July 06, 2009 6:57 AM
Subject: Re: [RE-wrenches] large module orders - COD??


> Most of our projects do not require ordering and stocking large quantities 
> of solar modules, so we usually order in one pallet at a time quantities 
> since most of our installs are in the 4 to 6 kW size range.    However, we 
> have a firm purchase order for over $100,000 worth of Solar World 175 
> modules, but the client will not pay anything until the modules have been 
> shipped and received in good condition.  I have been able to get their 
> agreement to pay COD, but have not found any supplier who handles Solar 
> World 175's and is willing to fill this large order without payment in 
> full at time of shipment.
>
> If we cannot make this work, I will be forced to go back through the 
> process of getting another module approved for this installation and find 
> a supplier willing to make this work using a different module brand, but I 
> hate to go through all this after getting the SolarWorld 175's approvied 
> by both the architect and client.  They are ready to purchase these today.
>
> How do you handle these larger special orders without having to have a 
> $100,000 line of credit with each material supplier?
>
> Thanks,
>
> Jeff Yago
>
>
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