FACTORING
FACTORING INVOICES AND MAKING PAYMENTS

Invoicing

The Association will provide you with a paper invoice on a six monthly basis and it will detail your charges. The Management Fee will be payable in 2 equal payments and will form part of your six monthly invoice. These will be issued in April and October each year.

Payment 

You will have a period of 14 days from the date of the invoice in which to make payment of the sum due and if it is not paid in full the Association will have no option but to follow the steps set out in its Debt Recovery Policy detailed in the Written Statement of Service and our Factoring Debt Recovery Policy.

We would encourage you to set up a direct debit so that payments are spread throughout the year. Please contact us on 0141 554 2406 or factoring@reidvale.org.uk and we can provide you with a Direct Debit form. If you are having any difficulties in making your payments please contact us to discuss how  we can manage this with you.