More Late Payment problems

So all the pikey scumbag freeloaders will stop using him? Not really much of a loss is it?

Posted under Courier Financial Issues, Late Payment

Posted by Alec at 12:17 pm, November 9, 2006

2 Comments so far

  1. Alec added on  November 9th, 2006 at 13:36

    It makes them pay up quickly Drew. Once you point out that not paying a £100 invoice in the next 7 days is going to cost them an extra £40 they soon realise that their suppliers are not a cheap form of borrowing.

  2. Alec added on  November 9th, 2006 at 15:59

    Yes and yes Drew. Why would you want to carry out more work for someone who breaks an agreement with you anyway?
    Most of our customers pay in advance but we have a few large organisations that pay on account and are always late, simply because they’re inefficient. The extra £40 profit on every invoice is very welcome. We always offer account facilities to solicitors and I particularly like stuffing them with the extra £40 charge.

    If you use it as an incentive to extract payment, as Gill suggested, I don’t see why anyone would take offence at it. If they stop using you you could always send them a bill for the late payment charges for the payments you’ve received late over the last few years.

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