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Late Payment Act for Small Business

Last Updated
September 3, 2010

Request from Kim West from Leeds Having in force the terms and conditions on which you are willing to supply credit and the charge for late payment will focus all parties as to the penalty for overdue amounts, but will do little to avoid late payment.

Request from Kim West from Leeds Hav ing in force the terms and conditions on which you are willing to supply credit and the charge for late payment will focus all parties as to the penalty for overdue amounts, but will do little to avoid late payment. A working Credit Policy is required to set the standard for a successful creditor/debtor relationship.

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