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Deferred Billing - The term deferred billing is one where a company allows customers to make purchase, but pay for them at a later day. Normally this is a courtesy that might be extended to a client who does a lot of business. And it allows them to place and order without paying for it in advance. Such offers may include the chance for delay in the payment without a penalty of interest during the period by sending an invoice to the client. However, nothing in this process provides any guarantees that the client will actually pay the bill later. That is one of the risk with this option. |