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Jun 23, 2022 · The Transaction is the result of Bellatrix’s efforts to maximize additional value for the benefit of its stakeholders, following the sale transaction completed by Bellatrix in June 2020 pursuant to its CCAA proceedings, and following the Company’s previously announced transaction with 1184262 B .C. Ltd., an affiliate of Hillcore Group Ltd., whic...
Apr 23, 2020 · The Transaction is the result of the Company’s previously announced Court-approved sale and investment solicitation process (the “ Strategic Process ”) in its CCAA proceedings.
Jun 22, 2021 · CALGARY, Alberta - Bellatrix Exploration Ltd. (“Bellatrix” or the “Company”) announces a transaction (the “Transaction”) pursuant to which 1184262 B.C. Ltd. (the “Purchaser”), an affiliate of Hillcore Group Ltd. (“Hillcore”), will acquire 33,433,255 new common shares issued by Bellatrix (the “Purchased Shares”), which ...
- Use Accounting Software.
- Be Upfront About Your Payment terms.
- Be polite.
- Offer A Variety of Payment Methods.
- Set Shorter Payment terms.
- Be Flexible.
- Offer A Discount For Early Payment.
First, you can simplify your invoicing process and finances if you use accounting software. The right accounting software will allow you to send invoices more quickly and with fewer errors. Plus, you’ll be able to track your upcoming payments, send automated late payment reminders and easily reconcile your account. And accounting software will ensu...
Before you start working with a new customer, make sure they understand and agree to your payment terms. Explain the terms verbally to your client and include a written description in the contract you send. This will help eliminate any misunderstandings about how much customers owe you and when payment is due.
Want an easy hack for getting your clients to pay you faster? Be polite when you invoice your clients, and include the words “please” and “thank you” somewhere on the invoice. A study by FreshBooksfound that invoices that include a “thank you” in the invoice terms get paid almost 90% faster. And 45% of those invoices get paid in seven days or less,...
Have you ever tried to make a purchase at a store and discovered that the business only accepts cash payments? Think about how you felt when you realized this – were you frustrated and annoyed by the inconvenience? That’s likely how your customers feel if you offer them limited payment options. If you want them to pay on time, make it as easy for t...
One of the best ways to get your clients to pay sooner is to shorten the due date. It sounds obvious, but if you give your clients a long time to pay, they will usually take it. For many industries, Net 30 is considered the gold standard for payment due dates. That’s a good time frame, but if you have a client who regularly ignores your Net 30 due ...
Obviously, you want your clients to pay you on time, but you do want to recognize that sometimes you’re working with another business, and that company may grapple with cash flow issues of their own. Some businesses simply cannot accommodate Net 14 or even Net 30 payment terms, and will appreciate more flexible conditions.
Think about offering an early-payment discountto your customers. For instance, your standard terms could be Net 30, but customers receive a 2% discount if they pay the invoice within seven days. So, if you send your customer a $5,000 invoice, they’ll receive a $100 discount for paying the invoice early. These discounts add up over time, so many cus...
Aug 3, 2020 · A recent decision in the Companies' Creditors Arrangement Act ("CCAA") proceedings of Bellatrix Exploration Ltd.[1] ("Bellatrix") serves as a useful reminder to professionals that a court-ordered...
A recent decision in the Companies’ Creditors Arrangement Act (“CCAA”) proceedings of Bellatrix Exploration Ltd. (“Bellatrix”) serves as a useful reminder to professionals that a court-ordered charge may not be enough to ensure their fees will be paid at the end of the day.
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Apr 23, 2020 · CALGARY, Alberta – Bellatrix Exploration Ltd. (“Bellatrix” or the “Company”) announces a sale transaction (the “Transaction”) pursuant to which Return Energy Inc. (to be renamed Spartan Delta Corp.), through its wholly-owned subsidiary, Winslow Resources Inc. (the “Purchaser”), will acquire substantially all of the assets of ...
