Setting up trade accounts for a new venue location – Credit Terms vs. Pre-payment?

Setting up trade accounts for a new venue location – Credit Terms vs. Pre-payment?

by Nonna Birds -
Number of replies: 0

We are opening a second banquet facility across town. When setting up brand-new accounts with food and beverage distributors for a new location under a new LLC, do most vendors demand pre-payment/card on file for the first few months, or can you get Net 30 right away based on the parent company's credit history?