As a small business we understand that cash flow difficulties are a realistic challenge in a business. For this reason, we extend net 30 or net 60 day payment options to customers that have a good credit record with us.
- 7+ days overdue: Our accounting department may contact you and ensure you have received the invoice and clarify any misunderstandings.
- 15+ days overdue: We will kindly remind you of the owing balance.
- 30+ days overdue: 2% net interest monthly will be applied to the owing amount until the invoice is paid in full.
- 60+ overdue – Buzz Brite may pass on the debt to Credit Bureau who will use the full extent of the law to collect the overdue bills. This process may affect the credit rating of the individual or company. In addition to the interest that the bill is collecting, a $75 processing charge would apply if the debt collection agency submitted to the Credit Bureau.