OVERDUE INVOICES

Out of context: Reply #2

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  • jamble0

    Might be worth factoring invoices for clients you know to slow at paying?

    In terms of t&c's I don't see why you don't just put it in your contract that invoices not paid within your terms are subject to £xx additional late penalty.

    I have this in my contracts:

    "Final payment of the balance must be made within 30 days of agreed completion of this project. Any additional delay in payment will result in charges of £30 per month being levied in late payment fees."

    Make up whatever you want in terms of charges etc.

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