Late payment interests in commercial transactions

Some companies have clients who delay payment of invoices and request an additional period. Well, if these companies want to charge interests for the delay, they can calculate them with the tool we have prepared.

Common situation

In commercial relationships, it is common for a client to be unable to make a payment and request an additional period. If a company finds itself in this situation, and wants to accept the delay but in exchange for the client paying interests, please note:

• It is sufficient for the debtor to fail to meet the agreed payment deadline for the company to claim late payment interests.
• This company may claim the interest they agreed upon. If they did not agree on anything, the late payment interest set by the Ministry of Economy every semester can be demanded.