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Archive Home > 2009 > March > 29 > Extending credit (or not)

Extending credit (or not)

Difficult economy forces local businesses to rethink how they accept payment and collect on old debt

By Zack Hall / The Bulletin
March 29, 2009

For much of its 70 years in business, a handshake agreement for Bend-based Oregon Equipment Services was usually good enough for the company to extend credit to a client.

Not anymore.

In the current recession, businesses around Central Oregon have had to rethink floating balances or taking....

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