Caravan Supply Chain

[jonny-chicken]

Anyone with recent payment trends?

Having trouble getting a response and have two invoices over 60 days...

 

[jonny-chicken]

I was able to get payment information by contacting their dispatch department. The cheque arrived today at 72 days.

 

[SCLBC]

Any updates on payment trends for Caravan? Have noticed their credit drop these last couple of months.

 

[GSJGCE]

Any updates on payment trends for Caravan? Have noticed their credit drop these last couple of months.

About 110 days and still not paid on an invoice. Factoring company took back the money on top of some charges. essentially getting only $1300 from a $1400 invoice.....well if they send payment at all that is....

 

[MLCAR]

About 110 days and still not paid on an invoice. Factoring company took back the money on top of some charges. essentially getting only $1300 from a $1400 invoice.....well if they send payment at all that is....

yeah got a notice from JD that they wouldn't be buying any invoices from Caravan Group, they turned around a day later and said they were good to go. We have not worked with them past or present.

 

[SCLBC]

yeah got a notice from JD that they wouldn't be buying any invoices from Caravan Group, they turned around a day later and said they were good to go. We have not worked with them past or present.

Same on my end, they were no-buy before but are approved now. We only use JD for accounts that take over 60 days to pay to free up some cash flow but I know they won't touch anyone that takes over 100 days to pay so Caravan must have sped up their payment.

 

[honest]

Any recent information on payment trends for this company?

 

[JACKBURTON]

Any recent information on payment trends for this company?

Pretty consistent 40-50 days over the years

 

[MLCAR]

Pretty consistent 40-50 days over the years

Haven't worked with them in a minute but ^this was our trend as well. Storm was decent to deal with, not sure if he's still there.

 

[tasuinam]

Yup we had no issues - worked with them early last year - 45 -55 days is what we averaged
We did US/CAN and CAN/CAN loads for them - so diff contacts

 

[Jane D]

Haven't worked with them in a minute but ^this was our trend as well. Storm was decent to deal with, not sure if he's still there.

Not for awhile, he moved over to Wellington with a bunch of others, oh probably about 4-5 years ago now