When to send it
14 days after the due date, after two reminders without a payment date.
The full template
- Subject
- Invoice [INVOICE #]: 14 days overdue, late fee applies
Hi [CLIENT NAME], Invoice [INVOICE #] for [AMOUNT] is now 14 days overdue. I wrote on [DATE 1] and [DATE 2] and still don't have a payment date. As set out in section [X] of our agreement, a late fee of [1.5% PER MONTH] applies to the balance from today. If the full [AMOUNT] arrives by [DATE, 5 DAYS FROM NOW], I'll waive it. New work on the account is paused until the balance is cleared. If cash flow is the issue, propose two installments in writing and I'll consider it. [YOUR NAME]