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Posted By: Eric B

They absolutely collect interest on accounts. All companies with cash on hand, even if it's from their own customers, collects interest on the money. To not do so would be foolish.

I even dealt with a company that bought and sold equipment without making a profit on the equipment. They demanded payments from their customers and strethched out paying their vendors for months. their entire profitability was interest on this float.

But no company gets 20% interest per year. The max is about 5% per year. But still it's 5% which is better than nothing.