sir baconface
Well-Known Member
1dart said:
Some big lads in your "collections department" then?
;)
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How long do you wait for bad payers?
- Thread starter Swales lives
- Start date
Some big lads in your "collections department" then?
;)
Swales lives
Well-Known Member
paphos-mcfc said:scall said:30 days is the standard.
On invoices, always state this. After 30 days send a reminder with 7 days payment window. After that I'd send a final reminder with a polite threat of "further action".
After that threaten with small claims court and charge interest. There's a great template out there which references various Acts
Pretty much this, although I had some customers here a couple of years ago that started off with on time payments, then started delaying. Obviously they were doing this with other suppliers until eventually they closed shop and literally fucked off. I'm lucky the amounts were not that large, but it makes you think 'who the fuck can you trust'.
Most of my clients are spot on, some pay after 14 days, most 30 and a couple 45 day (I'm fine with that). My terms are on my invoice, but if they're a little late I don't push - there's a lot of goodwill and trust involved. I've nothing to lose with my bad payer, goodwill and trust is shot to pieces with them and I won't touch them with a barge pole again.
Collections solicitor it is, they charge interest too. I don't think this company will want to go to County Court, they need a good credit rating or they're fecked.