Subscription
This site is FREE for all registered readers. Please input your details below for instant access.

Data Use:
We will also send you our free daily email newsletters and other relevant communications, which you can opt out of at any time. Thank you.

Invoice payment still a problem for SMEs

Premium Credit’s latest Insurance Index has found that 20% of SMEs are experiencing a growing problem with late payment of invoices. This is down on the 28% recorded last year and the 24% noted in 2022, but highlights the perennial issue late payment has on cashflow for SMEs.

Owen Thomas (pictured), chief sales officer at Premium Credit, said: “It is encouraging to see that the issue of late payment of invoices is easing somewhat for some SMEs but despite that, it still has a major impact on cashflow and business operations.”


Share Story:

YOU MIGHT ALSO LIKE