Tags Sme late payment

Tag: sme late payment

The real cost of Small Business late payment

The financial impacts from COVID is forcing many SME's into bankruptcy. One of the major instigators of this is the late payments issue, which...

SME’s owed 21k on average due to late payments

New data from Intuit QuickBooks has highlighted the burden of late payments on already financially stretched small and medium-sized businesses (SMBs) with the average...

Pandemic is forcing Companies into Late Payment clampdown

The changing face of late payment has lead to nearly half of companies saying that they were lucky to have survived 2020. This is...

Late Payments hampering Small Business recovery

Small Business late payment is severely hampering recovery from the pandemic according to new data. Delayed payment of invoices owed to SME's over the...

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 Small Business Commissioner urged to tackle late payments

Uk Sole traders group IPSE has called upon the new Small Business Commissioner Liz Barclay to take a tougher approach to late payments. IPSE...

New Late Payment proposals to help SME’s ‘not enough’

Under new proposals being drawn up by the government, large companies could now face fines or court orders if they fail to pay their...

Business Late Payments threatening Economy recovery

The latest research shows that the majority of Businesses (SME's) in the UK are being paid late as a result of the pandemic. This...

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 fearful of chasing Unpaid Invoices

SME's are avoiding taking Debt Recovery action and chasing non payment a report has revealed. Small Business Commissioner Paul Uppal and Commercial Finance Lender...