12 month settlement

Hi all,

An opportunity has come my way but I am short of cashflow at the moment and am thinking of trying to get a 12 month settlement. Has anyone ever asked for such a long settlement and got it?

If so, what did you also offer and how did you entice the vendor to accept it? Are there any certain conditions or aspects when trying to ask for a long settlement period that i should be aware of?


Thanks


g
 
I've accepted a 24 month settlement, but they paid 40% over market on 5%. you have to make it worth their while, which means more coin. Maybe a bigger deposit? Always the vender will be on fear of you not settling so you havt to make attractive. Contract is bog standard, you can put whatever you want as long as it is accepted by both parties
 
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