See our best practice guide on credit policy and how to prevent a delay in your invoices being paid
A guide to.
Credit Policy Guide
30/08/2023
Typically the 1st letter to be sent following non or delayed payment
Option to add in a late payment fee and/or late payment interest
Begins the legal process
Gives the customer 14 days to make payment
Final letter to be sent before commencing legal action
Gives customer 7 days to make payment
A stronger worded letter with reference to legal action with non-payment
