FAQ’s: Related to COVID-19 impact on the Fruit and Vegetable industry
Q. I have been contacted by several customers that purchased produce from me requesting extensions to our payment terms or to make partial payments as a result of the economic turmoil relating to the COVID-19 emergency. I understand the predicament my customers are facing and am willing to try and help, but I am afraid I could jeopardize my trust rights under PACA. Is there a way I can be flexible in receiving payment but not undermine my PACA trust rights?