Late payments nearly doubled in 2019, causing difficulties for more businesses
The latest figures highlight the growing problem of late payments for small businesses in the UK. Information from Pay.UK shows […]
unpaid invoices
Why you should chase debts you are owed
One of the downsides of running a small business is the problem of late payments. It is often seen by
Don’t let cash flow be a problem for your business
For any small business keeping the cash flowing into your bank account is vital. Without a stable income it can
Late payments one of the biggest concerns for SMEs
A recent survey of 500 business owners has highlighted the late payment of invoices as one of the biggest barriers
Managing late payments in the construction industry
The late payment of commercial debts is an issue across many business sectors. However, over the past few years the
Common late payment excuses
Check out our latest infographic which highlights some of the common excuses businesses use when they’re chased for invoices. Common
5 tips if a customer is going into administration
With more companies struggling financially and the rate of company administrations increasing, it’s important for businesses to take steps to
Business debts cost SMEs over £51bn a year
A new report from Hitachi Capital shows the damaging effect that the late payment culture is having on small businesses.
Q2 insolvency figures show company insolvencies at five year high
The Insolvency Service has released the latest insolvency figures covering the second quarter of the year. The data shows that
5 tips for getting your company out of debt
In some circumstances, business debt can be a good thing. However, there are times when it can become a problem