Forum Discussion

Boxed2Built's avatar
Boxed2Built
Contributor 2
27 days ago

Payment Nightmare: Should Contractors Require a Deposit Before Starting a Job?

I recently had a job where the customer tried to pay in various formats and payment was never able to go through. I ended up leaving and hoping they would pay at a later date. Thankfully they did pay...
accounts receivable
general contracting
getting paid
processing payments
CRChrista's avatar
CRChrista
Contributor 3
17 days ago

We are in California, so the law is very specific on what we can collect (10% or $1,000, whichever is less), but we ALWAYS collect a deposit unless it is a small service 1-day job. Red flag if they have issues paying the deposit.