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Payment Schedule & Late Fees

Access your BlueTape account to see and pay invoices anytime online.

What does my payment schedule look like?

Trade credit and virtual card loans are typically paid on a weekly basis. These weekly payments begin 30 days after the loan is issued. You may have a different payment schedule if you are one of our partnered seller customers. 

You will always see your payment schedule before paying your invoice and starting the loan. You can easily access your payment schedule and history 24/7 by logging into your BlueTape account.


What if I am late for a payment?

If you know your payment will be late, don’t hesitate to reach out to us as soon as possible to explore the possibility of coming up with a payment schedule. Late fees will apply.


What does it mean to go into default?

Although we’d like to avoid this situation if we can, we may recognize your account as being in default for a number of reasons. These reasons include breach of our agreement, bankruptcy, or leading us to believe we may have difficulty collecting repayment from you. We will try to avoid this if we can, so please be sure to respond to any and all communications from the BlueTape team.


What happens if I go into default?

If you go into default, you will have to repay all Outstanding Amounts as well as an additional late and default fees. We will also recover any reasonable collection costs, including those related to collection agency fees and other expenses.