Late payments cause UK SMEs to miss out on over £250 billion

Unpaid invoices and the costs associated with companies pursuing customers’ payments, as well as long payment terms, mean that SMEs in the UK are missing out on over £250 billion of liquid cash flow every year. Integral to the UK economy, SMEs account for 47 per cent of all private sector turnover. Delayed payments from customers
The post Late payments cause UK SMEs to miss out on over £250 billion appeared first on Small Business.

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