Originally Posted by
BRASSCATCHER
Just a question, if someone is dropping off to you is there always a weeks wait to get paid? I noticed another buyer has the same turn around time as well. Or is it only on large loads which would be understandable. The weeks wait on payment is not noted anywhere on page one of your buyers thread.
The turn around time is not always a week. We just estimate that in case we are busy and cant get the material sorted and weighed sooner. We are a wholesale electronics refurbisher who buys escrap. We are not open for retail to the public. We are not setup for on the spot payouts. Most of our business is corporate and done on a net terms basis. We handle drop off equipment/material in between sorting and processing equipment from corporate customers. Unlike a retail scrap yard we do not have the staff or are setup for weigh and pay situations. With that said we welcome customers to contact us and make an appointment to drop off what material they have. If a customer has reusable equipment they are selling, we normally get all of the model numbers, specs, pictures over phone/email and come to an agreed upon price in advance.
Our main line of business is IT asset management/recovery, de-installation and logistics, certified data destruction, and refurbished equipment/component sales. We generate a lot of scrap from that end of the business. That led into us buying scrap as there is a need in our regional market. All of the local scrap yards still don't understand or want much to do with escrap.
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