I have been using PayPal payments for Reports on Title (Current Owner Reports) for years.  Once payment is received in our PayPal account, we conduct the searches and prepare the Report on Title, which is delivered electronically to the client.  Once that email is sent, we transfer the funds into our main operating account.

We use PayPal for a number of our services.  No more excuses for non-payment and we can invoice directly from PayPal!

We also started taking a retainer/deposit from new clients of a minimum of $1000 for search and settlement work.  We also have a cut off of services once the account has reached the cap of $1000.  50% of the invoice must always be paid down in order to continue services.

Once a client has achieved a 90 day status of continuous service with us, we may opt to extend their credit line.  Very few clients have declined accept the terms of our services. 

This has been the best way to establish a good rapport with the client without them feeling pressured to pay their invoices since the terms are well established from day 1.

I learned my lesson years ago when a "friend" who owned an agency burned me for $13,000.00 worth of services from my company.

Live and Learn!

Victoria