PaidPronto is a freelance contract generator with teeth: one signed agreement powers your rate, your invoices, your late-fee claims and your demand letters — jurisdiction-aware for the UK, EU and Latin America.
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Overdue invoices accrue statutory interest at the Bank of England base rate + 8 percentage points, plus fixed compensation per invoice.
Late Payment of Commercial Debts (Interest) Act 1998
“…as agreed in Clause 4 of our contract dated 6 March, signed by both parties, statutory interest and compensation now apply…”
⚓ Grounded in PP-2026-014 · Clause 4Most tools start at the invoice. By then it's too late: there's nothing to enforce. PaidPronto starts one step earlier, so everything downstream has legal ground to stand on.
Work out what to charge as a freelancer with a calculator that starts from the income you need — not a guess. Generate a contract with payment terms, a late fee clause and statutory interest written in. Invoices are generated from the signed contract, so terms are never re-typed and never drift.
A rolling tax figure updates with every paid invoice, so the bill never surprises you. Payment plans carry breach triggers from the contract. Reminders escalate on a schedule and quote the clause your client signed — polite, then firm, then final.
When an invoice goes overdue, PaidPronto calculates statutory interest and compensation to the day and issues a late-fee statement. The demand letter — a proper letter before action — cites the contract and the law. If they still won't pay, plain-language small-claims guidance for your country shows you exactly how to file.
An ROI calculator tells you honestly whether a debt justifies legal costs. When it does, a curated marketplace connects you with a lawyer in your country, with the whole dispute history already organised. High-value contracts can be lawyer-reviewed before you sign.
An illustrative case with real UK numbers: a designer, a £4,800 project, and a client who went quiet.
Illustrative scenario using statutory UK rates as of 2026. Clients pay letters grounded in a signed clause and a named statute because the next step — small claims — is cheap for you and expensive for them.
Interest rates, fixed compensation, demand-letter conventions and small-claims routes adapt to the contract's jurisdiction — ten countries at launch.
Work backwards, not forwards. Start from the annual income you actually need, add tax and a margin for quiet months, then divide by your realistic billable days — usually 120–180 a year once you subtract admin, sales and holidays, not 260. The result is almost always higher than the rate you'd guess. PaidPronto's rate calculator does this in about a minute and writes the result straight into your contract.
In the UK, yes — even as a sole trader. The Late Payment of Commercial Debts (Interest) Act 1998 gives you statutory interest at 8% above the Bank of England base rate on overdue B2B invoices, plus fixed compensation of £40, £70 or £100 per invoice depending on size. The EU has equivalent rules (typically ECB rate + 8 points and €40 compensation), and Brazil allows a 2% fine plus 1% monthly interest. PaidPronto writes the right rule into your contract and calculates the exact figure when an invoice goes overdue.
Better than a template: PaidPronto drafts a formal letter before action for you, citing the specific clause your client signed, the interest accrued to the day, and the small-claims route you'll use next. Generic templates are easy to ignore; a letter grounded in a signed contract and a named statute is not.
A contract is binding when there's offer, acceptance, consideration and intention to create legal relations — a clearly drafted agreement signed by both parties meets this across the UK and EU. PaidPronto produces clear, jurisdiction-aware drafts and records both signatures. One honest caveat: PaidPronto provides document drafting and legal information, not legal advice. For high-value or unusual agreements, the Protect plan adds review by a qualified lawyer before you sign.
The United Kingdom, Germany, France, Portugal, Spain, the Netherlands, Italy, Brazil, Colombia and Argentina. Pick the jurisdiction once and the late-fee maths, demand-letter conventions and court guidance follow it. Cross-border EU disputes up to €5,000 can also use the European Small Claims Procedure.
Usually not at first. UK claims up to £10,000 go through Money Claim Online without a lawyer; most EU countries have an order-for-payment procedure that works the same way. PaidPronto gives you the steps in plain language. For larger debts, its ROI calculator tells you honestly whether legal costs are justified — and connects you to a vetted lawyer when they are.
A common UK rule of thumb is 25–30% of profit for income tax and National Insurance, but it depends on your earnings and country. PaidPronto keeps a rolling set-aside figure that updates with every paid invoice — and reminds you before the deadlines (31 January and 31 July in the UK).
Price the work, sign the agreement, and let everything downstream — invoices, reminders, late fees, demand letters — draw its power from what was signed.