nova3930
Gold Member
Your two examples aren't ecommerce companies. Rut manufacturing doesn't have a website and Kaufman trailers doesn't take online orders. I know because I have one of their trailers and paid when I went in picked it up in person.
If you can cite an ANY company that sells anything that takes orders on a WEBSITE that SHIPS and says "We only require an x% deposit." then I will eat my words. Until then, you're just whistlin dixie.
Actually relevant to the topic:
Judge grants temporary restraining order against Everything Attachments. Bank says Conover-based company owes nearly $10 million
Judge grants temporary restraining order against Everything Attachments. Bank says Conover-based company owes nearly $10 million
A Wake County Superior Court judge has issued a temporary restraining order against the owner of Conover-based Everything Attachments and its parent company.hickoryrecord.com
"Court documents filed in Wake County show the bank is asking for repayment of the loan, as well as possession of the company’s inventory."
If the bank gets the inventory it will probably go to auction before too long. Banks can't hold hard assets like that for too long.