pugslyyy
Expedition Vehicle Engineer Guy
What I would NOT want is the/any company to go TU with my deposit $$ in their pocket. That is where having the deposit in an escrow acct protects the buyer until delivery of the agreed upon product has been performed.
That works if you are buying from a big business (with big business overheads) that can absorb the hit. It is severely limiting if you want to work with a smaller business.
For a small company, escrow accounts don't generate the liquidity that they need to produce products. A far better method is to have a contract that ties your progress payments to ownership of specific materials, etc.
It's pretty common to give a small business progress payments that they use to purchase raw materials, pay labor, etc.