1. You work as a wholesale salesperson for a plumbing supply company. One of your customers, a...

Question:

1. You work as a wholesale salesperson for a plumbing supply company. One of your customers, a contractor, has an open line of credit with your company for $10,000 worth of products. He is currently at his limit; however, he is not overdue. He has just received word that he has been awarded a $40,000 plumbing contract at the local airport. The contract requires that he supply $9,000 worth of plumbing products. Your customer does not have the cash to pay for the additional products. He tells you that unless you can provide him with some type of financing, he may lose the contract. He says that he can pay you when he finishes his next job in 60 days. Explain what you will do.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Selling Today

ISBN: 9780618345878

12th Edition

Authors: Gerald L. Manning, Michael L. Ahearne, Barry L. Reece

Question Posted: