Andrews Decor - Painting and Decorating Services

Terms

Payment Terms:

Payment of invoices is due immediately it is presented to you. In special circumstances I may agree in writing to wait for payment, but this time will not exceed thirty days from the date on the invoice.

After thirty days, if I have not received payment in full, and you are a not a small business customer, then I will pursue the debt through the county court and possibly the debt will be passed on to a reputable debt collection agency.

If you are small businesses, then under the Late Payment of Commercial Debts (Interest) Act 1998, I will be charging interest on the debt. Interest on the debt will be charged from the day that the invoice is dated until the debt is cleared.

Interest will be worked out based on Bank of England base rate on date of invoice plus 8% with interest being added daily. Every thirty days you will be sent a statement of account detailing the amount outstanding, interest charged, and there will be a £22.00 administration fee added for each statement of account I send.