Remove Credit Scoring Remove Invoice Amount Remove Invoice Collections
article thumbnail

The 5 Best Collections Email Templates

Gaviti

An A/R collections email template supports quick and efficient communication between you and your clients. It also eases the burden of invoice collections somewhat). Example #1 Subject: Payment Reminder: [Invoice Number} Due on [Due Date] Hi [Client’s First Name], I hope all is well.

article thumbnail

What is Invoice Factoring and is it a Good Idea?

Lendio

Instead of waiting for the supermarket to pay the invoice, you decide to use a factoring company. You approach a factoring company and sell them your invoice. The factoring company reviews the invoice and agrees to buy it. They pay you 80% of the invoice amount up front, which is $8,000.