FOR CANADIAN BUSINESSES
Try a payment plan before selling the debt or calling a lawyer.
RemitRight helps you follow up on an overdue invoice while keeping control of the customer relationship. Remi texts on your behalf and offers a clear path to full payment or monthly installments.
Try one invoice, freeNo RemitRight business subscription or setup fee. Stripe processing applies. Payment is not guaranteed.
A better first step for the right invoice
If the amount is agreed and the customer is struggling to pay all at once, an affordable arrangement can be worth trying before formal escalation. You do not need to sell your invoice or hire a lawyer to use RemitRight. You keep the receivable and receive successful payments through your own Stripe account.
It is not the right substitute for resolving a disputed bill, protecting a construction lien or obtaining legal advice near a deadline. BDC’s guidance recommends listening to the customer and considering payment arrangements, with professional collection or legal action as possible later steps. Read the guidance.
Compare the job you need done
These options solve different problems. An agency does not always buy debt, and financing is not the same as collecting an overdue account.
RemitRight
- When to consider it
- An agreed overdue invoice where a customer may pay with a reminder or manageable installments.
- Cost
- No business subscription or setup fee. Stripe processing applies; the customer pays the disclosed fee only if they choose a plan.
- Who owns the invoice?
- You retain the receivable. RemitRight does not buy the debt or advance you money.
- What it does
- AI text follow-up, replies and voluntary 3- or 5-month Stripe payment plans.
Collection agency
- When to consider it
- A file needing specialist collection work after your own follow-up has stalled.
- Cost
- Fees depend on the agency and agreement. Ask about commission, minimums and any charges if nothing is recovered.
- Who owns the invoice?
- Hiring an agency and selling a debt are different arrangements. Read the contract to see who owns the receivable.
- What it does
- Collection work within the agency’s authority and applicable rules; services vary.
Lawyer or court process
- When to consider it
- A disputed claim, legal enforcement, a significant balance or a deadline that needs professional attention.
- Cost
- Legal, filing and enforcement costs depend on the process. Ask for an estimate and assess recoverability.
- Who owns the invoice?
- Getting legal help does not itself require you to sell the debt.
- What it does
- Legal advice and, where appropriate, a formal claim or enforcement process.
Factoring or invoice financing
- When to consider it
- A business seeking access to cash before the customer pays, subject to the provider’s eligibility rules.
- Cost
- Financing or factoring fees and recourse terms depend on the agreement.
- Who owns the invoice?
- Some arrangements involve selling receivables; others work differently. Check the specific terms.
- What it does
- Funding against eligible invoices. This serves a different need from voluntary payment collection.
RemitRight publishes this comparison. It describes service categories, not a verified comparison of every provider. For financing distinctions, see BDC’s factoring explanation. Updated September 9, 2026.
The offer, in actual dollars
On a $1,200 invoice, your customer can pay $1,200 in full with no RemitRight plan fee, $412 monthly for 3 payments ($1,236 total), or $252 monthly for 5 payments ($1,260 total). The 3% or 5% fee applies once across the plan. Stripe processing costs are separate.
The first payment is collected at checkout. Remaining installments are scheduled monthly. You receive funds as successful payments are processed; this is not an advance or insurance against non-payment.
See the payment-plan walkthroughYou stay involved where it matters
- Review invoice details and connect Stripe before collection starts.
- See the conversation and step in when the customer needs you.
- Opt-outs, disputes, wrong numbers and payment claims pause the automated collection path for review.
- Add another invoice to an existing customer without folding it into an active plan.
If an invoice is already assigned or sold, check your agreement and authority before starting another collection process. Avoid parallel demands on the same debt.
Start with the conversation.
Give a customer who wants to pay a manageable next step. Keep escalation available if the situation needs it.
