Free tool

What is late payment costing you?

Overdue invoices don't just sit there — they tie up working capital and soak up your team's time. Enter a few figures for an indicative picture of what your overdue book is really costing, and what recovering it could free up.

What is late payment costing you?

Your overdue book

$
days
% p.a.

Roughly what it costs you to borrow, or what idle cash could earn. 8–12% is typical for an SME overdraft.

Time spent chasing it (optional)
hrs
$/ hr

Indicative cost

$1,100

tied up while these accounts sit overdue

  • Finance cost of money tied up$390
  • Time spent chasing (over that period)$710
  • If it ran all year$6,695

Most of this is recoverable — and you only pay if we collect.

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How the estimate works

The finance figure is the cost of having that money unavailable for the average time it stays overdue — the amount outstanding, multiplied by your cost-of-funds rate, for that share of a year. The time figure values the hours your team spends chasing it. Together they show the running cost of an overdue ledger that most businesses never put a number to.

This is a general, indicative estimate for illustration only — not financial, accounting or legal advice, and not a quote. Your actual costs depend on your own circumstances. Merion's recovery fee is a commission agreed in writing before any work begins.