Your customers will be paying their invoices through a payment processing company, which in turn will pay the Laundry Ladies, Inc. directly. You will be paid monthly based on invoices that have been paid and cleared. You will send an itemized list of completed/paid-in-full jobs, including total charges from your customers invoices. This list will be matched against our payment processing system financials. After confirmation of totals are complete, payment will be made to you once a month. Each Laundry Lady licensees’ portion of each individual invoice will be 70%.
Laundry Ladies, Inc. portion of each individual invoice will be 30%.
The recommended minimum rate per the industry standard is $2.50/lb. or higher. If you decide to charge your client less than the industry recommended rate of $2.50/lb. Laundry Ladies, Inc. corporate minimum deduction on a paid invoice will be the flat rate of $7.50. (This is if 30% of the total invoice falls below $7.50)