Tags Small business debt collection

Tag: small business debt collection

When is it time to hire a Debt Collection Agency?

The UK's SME Businesses are suffering as a result of late payments. Covid-19 has fuelled the problem and many small businesses and medium sized...

48% of Businesses see increase in late payments

New data captured has shown that 48% of Businesses have seen an increase in late payment. Clear evidence that the pandemic is fuelling a...

New FCA Chief warns of Small Business Debt Collection scrutiny

The new chief of the Financial Conduct Authority issued a warning to banks and commercial lenders this week. The warning shot was issued over...

Small Businesses face up to backlog of Unpaid Invoices

A Commercial 'Credit Crunch' is predicted as the UK's Small Business community are facing up to increasing Unpaid Invoices. Research by Business Funding Experts...

Insolvency Experts warn of mass Business Collapses

Over 500,000 British Businesses are at risk of collapse due to the Coronavirus claim Insolvency Experts. In the first three months of this year, over...

New Year sees SME’s chasing £50bn in Business Debt

New research is showing that Small Businesses are chasing over 50 Billion pounds in late payments across the UK. Tide, which is a digital...

SME’s still owed Billions in Late Payments

Thousands of Small businesses in the UK are still chasing a massive £14.9 billion owed in late or overdue payments. These unpaid invoices are...

£2.8bn of Bad Debt written off by Small Business & Sub...

Small Businesses and sub contractors wrote off a whopping £2.8bn last year in the construction sector according to Bibby Financial services. In its 'Subcontracting Growth'...

80% of Small Businesses owed money in the UK

Shocking new figures show that 4 out of 5 Small firms in the UK are owed money following a survey by a leading Commercial...

Small Business late payment ‘guru’ search is underway

  The Government is taking action to tackle late payment issues for small businesses in the UK. The proposed appointment of a Commissioner is now...