The ALL Florida Online Corvette Club - View Single Post - New GM worry: What if suppliers want faster pay?

RSS Feed · 12-01-2008, 12:15 AM

As GM's cash cushion shrinks, suppliers who are nervous about GM's ability to pay rely on trade credit insurance and#x2014; a policy that guarantees suppliers will be paid for delivered parts if their customer, the automaker, defaults.

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12-01-2008, 12:15 AM	#1
RSS Feed RSS Feed Robot Join Date: Sep 2007 Posts: 112,992 Name :	New GM worry: What if suppliers want faster pay? As GM's cash cushion shrinks, suppliers who are nervous about GM's ability to pay rely on trade credit insurance and#x2014; a policy that guarantees suppliers will be paid for delivered parts if their customer, the automaker, defaults. More...