Guide

Your supplier put you on cash-on-delivery. How do you keep stock moving and get back on terms?

Fund the next few weeks of purchases with a working capital loan or advance on your deposits, funded in one to three business days, so deliveries do not stop. Then clear the past-due balance in one payment and ask, in writing, for terms to be restored after a set number of on-time COD orders. Suppliers restore credit for customers who pay the arrears and behave predictably; they do not for customers who argue.

What a credit hold means from the other side of the desk

A supplier moves a customer to cash-on-delivery for one reason: the account has been over its limit or past its terms more than once, and the credit desk has decided that continuing to ship is increasing the eventual write-off. It is a process on their side, not a mood. A distressed customer, in their experience, pays whichever supplier shouts loudest, and a hold is how they make sure that is them.

That tells you what restores it. Not a phone call about how good a customer you have been. A cleared balance, a run of orders paid on delivery without a bounced payment, and a written request that names a date.

The immediate problem: paying at the door

COD means every delivery is cash out the day it arrives, weeks before it turns into revenue. For a business that was using thirty days of supplier credit as working capital — which is most of them — that is a month of purchases pulled forward all at once.

A working capital loan or a cash advance on your last three to six months of deposits covers it. Decision in about a day, money in one to three business days, amounts around half to one and a half times a month's deposits. Size it to a month or so of purchases plus the arrears, and no more.

Weekly payments. Your revenue arrives as sales; the repayment should follow the same rhythm, not run ahead of it daily.

Getting terms back

Pay the arrears in one payment, not installments, and then ask for terms on a schedule: five COD orders paid without incident, then net-15, then net-30. Put the request in an email to the credit manager, not your rep — the rep wants the sale and does not decide credit.

While you are on COD, the payment method matters. A bounced check or a declined card during the probation period resets the clock. Pay by bank transfer the day before delivery if the supplier will take it.

And if the supplier will not restore terms, a second supplier who will open a small credit line on the strength of six months of clean statements is worth the setup. Concentration on one supplier is how a hold becomes a shutdown.

What each underwriter weighs

A BANKA REVENUE-BASED FUNDERPERSONAL CREDIT SCOREheavysomeCOLLATERAL TO PLEDGEheavynot looked atTWO YEARS OF TAX RETURNSheavynot looked atTIME IN BUSINESSheavysomeMONTHLY BANK DEPOSITSsomeheavyDEPOSIT CONSISTENCYnot looked atheavyINDUSTRY AND STATEsomeheavy
The same business, read two different ways. A bank decision is built on credit, collateral and filed accounts; a revenue-based funder builds it on the money moving through your account. That is the whole reason a bank decline says very little about whether you can be funded.

Fix the reason, or this repeats

A business that ends up on COD was paying suppliers with the next month's sales. That works until one slow month, and then it does not. The durable fix is a line of credit sized to a month of purchases, drawn when a supplier invoice is due and repaid when the goods sell — which is what supplier terms were quietly doing before the hold. Apply for it once the statements show three clean months, not during the hold.

Sources

Related questions.

Will a funder see that I'm on COD with a supplier?
Not directly. Supplier terms are not reported anywhere a funder reads. What they see is your deposit pattern. If deposits are steady, the hold is invisible to the application.
Should I use a business credit card to pay COD?
If the supplier takes cards without a surcharge and you can clear the balance monthly, it is the cheapest bridge available and it is what many owners do. If the balance rolls, card interest on a month of inventory adds up fast.
Can I negotiate the arrears down?
Rarely, and asking can slow the restoration of terms. Suppliers restore credit for customers who paid in full. The negotiation worth having is about the schedule for getting terms back, not the balance.

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