Bookstores place huge orders, and then when
their invoice comes due, they just return the books instead of paying.
You'll be required to make weekly repayment for invoice financing, instead of paying a lump sum when
the invoice comes due.
Not exact matches
You could remind the client a few days before the
invoice is
due if you feel comfortable doing so - many will appreciate the reminder and it will make it easier to
come back to the client straight after the late payment date if they miss it.
The buyer then collects on the
invoice after 30, 60 or 90 days (or however long the
invoice terms stipulate) once the
due date
comes around.