Are you a prompt payer? Then sign up!
Everybody in business has, at some time, suffered at the hands of a bad payer. It can absolutely crucify an otherwise healthy and profitable business. Its effects, especially in the current climate, are devastating on the economy.
But ultimately late payers just end up hurting themselves because it damages their reputation and suppliers start to avoid them. So any company that believes that paying late is an easy fix when cash is tight will create problems for themselves when better times arrive.
Unfortunately it is not illegal and the legislation you have available to you to get your money is voluntary. This means that you have to invest the expense and time to get YOUR money back.
When this site went live in 1998 it asked businesses of all shapes and sizes to aim to abide by a simple set of principles that are as important now as they ever were:
- Agree payment terms at the outset of a deal and stick to them. Explain your payment procedures to suppliers.
- Pay bills in accordance with any contract agreed with the supplier or as required by law.
- Tell suppliers without delay when an invoice is contested, and settle disputes quickly.
By joining us as a Payontime Supporter you are drawing a line in the sand and showing the business world that you are a decent company to do business with
Thousands of businesses are already signed up and working together to ensure that that they get paid on time, and pay on time. They are also sending a strong message to bad payers that the old days of 'late payment' and 'poor excuses' are no longer tolerated by today's forward thinking companies. So why not sign up today and help kick late payment into touch!
Become a Payontime supporter and add your business.
View supporting companies alphabetically.
View supporting companies by their sector.
Current Reference Rate
The late payment interest rate is 8% plus the reference rate. The current reference rate for the period 1st July 2010 to 31st December 2010 is 0.5%.
Calculate interest & compensation owed with our interest calculator.
Find Payontime supporters near you!
One of the new features of this website is the improved Payontime supporters section. Here you will find thousands of businesses from different sectors who support paying on time and being paid on time. So if your a company looking for a service, or you are a supplier looking for new clients that support prompt payment, the Payontime supporters section is a good place to start.
You can view companies by Sector, Alphabetically or by using the search facility. Need to find a businesses near your location? Go to search for a company and click on extended search. You can now choose the type of business you are looking for, add your post code and enter a radius distance from your location. The search results will show all of the businesses located within that radius with their address and website details.




