Finance & Business Planning

Dealing with late payments

Late payments can make it difficult for businesses to operate as it affects their cash flow and financial planning.  While there are good business practices that all businesses can follow in order to ensure that they receive the money they are owed, there are also legal steps that can be taken. If a customer is late in paying for goods or services you have provided, you can claim interest and debt recovery costs.

Using the links below you can find out what steps to take if you need to take action on a late payment.