Les Produit Fraco Ltee.- Etobicoke

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This is a warning to primarily flatbed service providers. This company appears to be playing the "revolving door" game with their transport suppliers. We starting doing business with them approx. 2 years ago and everything seemed to be alright. We weren't doing all their work, just a portion, mainly Quebec to Ontario and some returns. About 9 months ago their payment schedule started to get longer and longer. Repeated calls to their accounts payable, operations, anyone who would listen, have been answered with a growing list of stall tactics; their receivables has slowed down, waiting for some money from a large customer, etc, etc. The most frustrating part of this matter, is the fact that they are still shipping, using someones services while our old invoices go unpaid. Over the years, I have come to realize that a customer who is serious about paying off a debt, will attempt to whittle it down, paying something against the outstanding amount. Those who refuse to make even the smallest of payments will most often be the ones that get "written off" at the end of the year.

 

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Just an update on this company. Our old invoices continue to age, and not gracefully! To any carrier that is presently doing business with this firm -BEWARE- if you are getting paid now, continue working for these folks and you soon won't be. It never ceases to amaze me how a company can still be shipping, still using the services of suppliers, and have long past due invoices with others. I would like to ask any fellow member based in Quebec, preferably Montreal, for the name of a good collection agency. At this point, if I have to give-up a % of the amount owing, it will be better than the 0's we're receiving now. As if times aren't tough enough already, with declining revenues and scarce new business!!!